Important TDS Handbook newly issued by TDS CPC

Centralized Processing Cell (TDS) is a technology
driven transformational initiative on ‘Tax Deduction
at Source’ that provides a comprehensive solution
through ‘Tax Deduction, Reconciliation, Analysis and
Correction Enabling System (TRACES)’ – its core
engine.

CPC (TDS) undertakes bulk processing of TDS
statements to generate ‘Annual Tax Credit’
statements for each taxpayer (PAN holder) in Form
26AS, TDS certificates in Form 16 / 16A & identifies
TDS defaults of short payment, short deduction,
interest etc.

CPC (TDS) reconciles and co-relates information from
various sources including banks (tax payment),
deductors (reporting tax deduction), Assessing
Officers ( mapping no tax / low tax deductions) and
tax professionals (reporting international
transactions).

With its inclusive approach, the initiative provides
bouquet of services to its stake holders including
deductors, deductees, Principal Accounts Officers of the
Central and State Governments & the officers of the

Income Tax Department.
The users/ stakeholders interact with the CPC (TDS) system
and with each other through multiple channels of
communication including Call Centre, e-mail, website etc

CLICK HERE TO DOWNLOAD Important TDS Handbook newly issued by TDS CPC