TRACES website stands for TDS Reconciliation Analysis and Correction Enabling System.TRACES online portal connects all the stakeholders/deductors, i.e., taxpayers ...

Soon the tax filing season for AY 2015-16 will be upon us. If you are a salaried individual, Form 16 is a vital document to get to file your income tax return. Another important document is your Form ...

Form 16 is a certificate issued under section 203 of the IT Act, 1961 by the employer and is proof of the TDS deducted by the employer. While Form 16 is issued against salary income, form 16A is ...

TRACES is a Web-based application set up by the TDS Centralised Processing Cell of the Tax Department to facilitate swift interaction between the deductor, deductee, the department and CPC. TRACES, or ...

Taxpayers facing refund delays due to TDS mismatches in Form 26AS have a reason to cheer. A recent Allahabad High Court ruling mandates tax authorities to accept taxpayer-provided TDS documentation, ...

The Reserve Bank in a notification said that it has been brought to its notice that some banks are not providing TDS Certificate in Form 16A to their customers in time, causing inconvenience to ...