Friday, August 30, 2013

What is TRACES- TDS Reconciliation Analysis and Correction Enabling System

About The Portal

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 NSDL Conso File, Justification Report and Form 16 / 16A as well as viewing of annual tax credit statements (Form 26AS).


Deductors / Collectors and Tax Payers will have to register on TRACES to create their account and view functionalities enabled for each user. Deductors / collectors will be able to view the status of challans. TRACES also enables deductors / collectors to view TDS / TCS credit and verify PAN of Tax Payers linked to the deductor / collector.

Tax Payers will be able to view the annual tax credit for their PAN for the TDS / TCS amount deducted by deductors (Form 26AS). Tax Payers can also view if deductor has filed statement for a particular FY and Quarter and whether their PAN is included in the statement filed by deductor.
The portal is intended for use by the following types of users:
  • Deductors / Collectors
  • Tax Payers
Users will be able to login to TRACES after successful registration. The detailed procedure for registration and login is laid out in FAQ section. 

The portal aims to improve the overall service levels for deductors and tax payers by providing an interface with a range of online services accessible by users anytime, anywhere. We would appreciate your valuable feedback on the portal to help us improve our services.

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