Certificates issued in any other form or manner will not comply to the requirements referred in the Income-tax Act 1961 read with relevant Rules and Circulars issued in this behalf from time to time. You may be eligible for a discount on account-level access fees of 34.
Which discounts and the discount amount depends on your company’s agreement with us. In view of above circulars, it may kindly be noted that the TDS Certificates downloaded only from TRACES Portal will be valid. After registering with our discount program, you may be eligible to get the employee discounts below. TDS Certificates downloaded only from TRACES hold valid: It is now mandatory for all deductors to issue TDS certificates after generating and downloading the same from “TDS Reconciliation Analysis and Correction Enabling System” or (herein after called TRACES Portal). 01/2012 dated and 04/2013 dated, on the Issuance of certificate for Tax Deducted at Source in Form 16/16A as per IT Rules 1962. In this regard, your attention is invited to the CBDT circulars no. Please also refer to the following provisions of the Income Tax Act, 1961 in this regard:ĭownloading of TDS Certificates from TRACES made mandatory: