Date of
communication : 18/07/2015
Dear Deductor,
|
As you may be aware by
now that the Centralized Processing Cell (TDS) is informing you of PAN and
Challan Errors, through an Intermediate Communication, during
processing of Original Quarterly TDS Statements, before Defaults are
finally computed and Intimations are generated.
On receipt
of the above communication, you are encouraged to take corrective action
within 7 days of receipt of such communication. With this, you will be able
to avoid PAN Errors and Intimations from CPC (TDS) on account of Short
Payment and Short Deduction Defaults in the relevant TDS Statement.
Central point of the
process:
·
Identify errors in PANs or Challans in preliminary
check, owing to inadvertent Data Entry errors
·
Facilitate their corrections before CPC (TDS)
computes defaults in TDS statements
·
You are notified of the Defaults through the
Intermediate Default communication by way of the following:
o e-mail at the Registered e-mail address at TRACES
o SMS at Registered Mobile Number with TRACES
o Message will be delivered to the Deductor's Inbox in TRACES
·
The above correction needs to be carried out by
using Online Correction feature at TRACES after 24 hours of the
receipt of the Intermediate Communication and must be availed within 7
days of receipt of such communication.
What are the
advantages:
·
You would have information of PAN and Challan
Errors, before the Original Statement is completely processed
for Defaults and Intimations are generated.
·
Correction to above errors using Online
Correction can be submitted before final processing of statements
and you will be able to avoid Short Payment and Short Deduction Defaults.
·
Saves your Administrative Costs, as above action will facilitate avoidance of multiple Correction
Statement filing later, after the defaults are identified CPC (TDS) and
Intimations have been sent.
·
Help your Deductees to get Correct Tax Credit in their 26AS statements, at the earliest opportunity.
·
Save Paper, Save Environment! The life of One crucial tree can be saved by avoiding use of 8,000
sheets of paper. Avoidance of Intimations from CPC (TDS) resulting into
savings in respect of paper, printing and postage costs. This also
supports the “Green Initiatives” of CPC (TDS).
Actions to be taken:
·
Please use the Intelligence,
Simplicity and Convenience of Online Correction facility at TRACES to
correct errors notified through the communication.
·
Online Correction facility provides ease
of convenience and can be availed on anytime anywhere basis by
Logging into TRACES. Online Correction is a quick and easy way for closure
of Defaults in TDS Statements and correcting PAN/ Challan Errors.
·
All relevant information at the portal is
pre-populated along with flags for incorrect entries, which assists in avoidance
of further Data Entry errors by the user.
You are also encouraged to avail full
benefits of Online Corrections and you can access the e-tutorial at TRACES.
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CPC (TDS) is committed to provide best possible services to you.
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CPC (TDS) TEAM
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Notes:
|
· Please maintain
updated email address and Contact Number on TRACES to receive regular
periodic updates and guidelines from TRACES.
· Please refer to our
FAQs and e-tutorials
for detailed screen-driven assistance, before seeking further help.
|
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