Traces portal: All parties involved in

All parties involved in the administration and implementation of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) can connect through this online portal . The main purpose of the TDS TRACES website is to view and download important tax documents like Form 16, Form 16A, and Form 26AS. TRACES is the website for the TDS reconciliation and correction enabling system. An undertaking of the Income Tax Department, the website enables easy filing of TDS/TCS correction statements by deductors. TDS deductors can register on TRACES and easily file online correction statements. Annual Tax Statement available on TRACES portal will have the following data from AY 2023-24 onwards: " Details of Tax Deducted at Source " Details of Tax Deducted at Source for 15G / 15H " Details of Transaction under Proviso to section 194B/ First Proviso to sub-section (1) of section 194R/ Proviso to sub-section (1) of section 194S The TRACES portal might feel a little technical at first, but it’s actually super helpful once you figure it out. Whether you’re filing your own taxes or just want to download your Form 26AS, learning how to use TRACES login is a must.