As per Income Tax Act, 1961, all corporate and government deductors / collectors are mandatorily required to file their TDS / TCS statements on electronic media (i.e. e-TDS / TCS […]
All posts by Abhishek Sharma - 14. page
Is a Practicing CA from Delhi .
What would be the file extension for the consolidated file?
The file extension would be in “.tds” format.
From which year is conso file available on TRACES?
Conso file is available on TRACES from FY 2007-08.
Why is a conso file required? TRACES TDS
While filing correction for a particular Financial Year, Quarter and Form Type, conso file provides details about all the previous corrections made in the relevant statement. This conso file can […]
What is a conso file? TRACES TDS
It is the consolidated data of the statements processed (regular & correction) for the relevant Financial Year, Quarter and Form Type.
What is a certificate number?
Certificate number is present in Form 16 / Form 16A issued by Deductor.
Even if no taxes have been deducted from salary, is there any need for my employer to issue Form 16 to me?
Form 16 is a certificate of TDS and in your case it will not apply. However your employer must issue a salary statement.
If a deductee comes back stating that the original TDS certificate is lost, can a duplicate certificate be issued?
Yes. Deductor will have to issue the duplicate certificate.
I have not received TDS certificate from my employer. Can I claim TDS deducted from my salary?
Yes. The claim can be made in your return. Department, however, will raise a demand which will not be enforced on you but on your employer.