What can be seen in traces?
Ashim kr Ray (social service) (1691 Points)
04 August 2016Ashim kr Ray (social service) (1691 Points)
04 August 2016
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170785 Points)
Replied 04 August 2016
TRACES is a web-based application of the Income Tax Department that provides an interface to all stakeholders associated with TDS administration. It enables viewing of challan status, downloading of Conso File, Justification Report and Form 16 / 16A as well as viewing of annual tax credit statements (Form 26AS).
Ashim kr Ray
(social service)
(1691 Points)
Replied 05 August 2016
sir,
what is the process of deducted TDS in the arrear salary?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170785 Points)
Replied 05 August 2016
TDS deducted gets reflected in 26AS (available with TRACES), and its the assessees' capital, which he/she can claim against its tax liability. If no tax liability, it can be claimed as refund.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)