{"id":30752,"date":"2021-05-20T14:07:36","date_gmt":"2021-05-20T08:37:36","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=30752"},"modified":"2021-06-03T17:22:50","modified_gmt":"2021-06-03T11:52:50","slug":"online-methods-for-checking-the-tds-status","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/online-methods-for-checking-the-tds-status\/","title":{"rendered":"What are the Online Methods for Checking the TDS Status?"},"content":{"rendered":"\n<p class=\"has-drop-cap\">The concept of TDS came into existence to collect Tax from the non-exempted source of income. As per TDS, an individual (deductor) obligated to make payment of specified nature any other individual (deductee) shall deduct Tax at source &amp; forward the same into the Central Government\u2019s account.  Therefore, in this write-up, we will explain What are the Online Methods for Checking the TDS Status?. <\/p>\n\n\n\n<p>The deductee who has confronted\nthe income tax deduction at source would be liable to get a credit of the\namount so deducted based on the TDS certificate granted by the deductor or Form\n26AS.&nbsp;<\/p>\n\n\n\n<p>According\nto the IT Act, 1961, every person or company is accountable to pay taxes if\ntheir income falls above a certain threshold limit. <\/p>\n\n\n\n<p><strong>TDS\ndeduction<\/strong>&nbsp;encompasses various type of payment,\nincluding- <\/p>\n\n\n\n<ul><li>Salary<\/li><li>Rent<\/li><li>Commission earned<\/li><li>Professional or consultant fees.<\/li><li>Interest payment by banks.<\/li><\/ul>\n\n\n\n<p><strong>Tax Deducted at Source&nbsp;<\/strong>refers to an advance tax which Indian government imposes on a periodic basis. The overall deducted TDS is claimed as tax refund post <a href=\"https:\/\/corpbiz.io\/income-tax-return-filing\"><strong>filing of IT return<\/strong><\/a>. <\/p>\n\n\n\n<p>Taxes shall be imposed at the rate prescribed in the applicable provision of the Act or the First Schedule to the Finance Act. But, in case of payment to foreign nationals, the withholding tax rates prescribed under the DTAA (Double Taxation Avoidance Agreements) shall also be taken into account.&nbsp;<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/online-process-of-registration-for-traces\/\">What is the Online Process of Registration for TRACES?<\/a><\/mark><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/online-methods-for-checking-the-tds-status\/#What_are_Viable_Methods_Available_to_the_Taxpayers_to_pay_Tax_DeductedCollected_at_Source\" >What are Viable Methods Available to the Taxpayers to pay\nTax Deducted\/Collected at Source?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/online-methods-for-checking-the-tds-status\/#Check_TDS_Status_via_PAN_Card\" >Check TDS Status via PAN Card<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/online-methods-for-checking-the-tds-status\/#What_is_the_TDS_return\" >What is the TDS return?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/online-methods-for-checking-the-tds-status\/#Online_process_to_check_the_TDS_status_by_using_the_PAN_Card\" >Online process to check the TDS status by using the PAN Card<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/online-methods-for-checking-the-tds-status\/#Online_process_to_check_TDS_credit_using_form_26AS\" >Online process to check TDS credit using form 26AS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/corpbiz.io\/learning\/online-methods-for-checking-the-tds-status\/#Conclusion\" >Conclusion&nbsp;<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_Viable_Methods_Available_to_the_Taxpayers_to_pay_Tax_DeductedCollected_at_Source\"><\/span>What are Viable Methods Available to the Taxpayers to pay\nTax Deducted\/Collected at Source?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><em><strong>A tax collected or deducted at source shall be remitted to the Central Government\u2019s account by following modes:&nbsp;<\/strong><\/em><\/p>\n\n\n\n<ul><li>Digital mode: E-Payment is compulsory for<ul><li>All corporate assesses; and<\/li><li>All assesses (apart from the company) that falls under the regime of section 44B of the IT Act.&nbsp;<\/li><\/ul><\/li><li>Physical Mode: By giving the Challan 281 in the designated bank branch.&nbsp;<\/li><\/ul>\n\n\n\n<div class=\"shadow1\"><strong>Note:<\/strong> Where Tax is collected\/deducted by the government-based office, it can forward Tax to the Central Government\u2019s account without production of income-tax challan. In such scenario, the Treasury Officer or the Account Officer or the Cheque Drawing and Disbursing to whom the deductor reports the Tax so deducted &amp; who is obligated for crediting such amount of credit to the Central Government\u2019s account shall furnish a statement in Form No. 24G.to NSDL within applicable timeline. <\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Check_TDS_Status_via_PAN_Card\"><\/span>Check TDS Status via PAN Card<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>TDS is an abbreviated form of\nthe term Tax deducted at Source (TDS) regulated by the Central Board of Direct\nTaxes. It is a method of tax collection from persons and entities as per the\nIncome Tax Act 1961.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_TDS_return\"><\/span>What is the TDS return?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/corpbiz.io\/tds-return-filing\"><strong>TDS return<\/strong><\/a> refers to a statement that comes quarterly and is being furnished to the IT department of India.&nbsp;In other it is statement issued upon successful payment of the taxes, enclosing all the transactions cited towards&nbsp;<strong>TDS deduction<\/strong>&nbsp;made during a quarter. It is provided by the payer, furnished to the IT department of India. TDS return typically enclosed the following information. <\/p>\n\n\n\n<ul><li>Details of deductor(s)<\/li><li>Permanent Account Number (PAN)<\/li><li>Information regarding the Tax paid to the central\ngovernment.<\/li><\/ul>\n\n\n\n<p><em><strong>There are various forms linked with TDS returns; the given table encloses its relevant details.<\/strong><\/em><\/p>\n\n\n\n<table class=\"table table-bordered\"><tbody><tr><td>\n  Form number\n  <\/td><td>\n  Importance\n  <\/td><td>\n  Frequency of submission\n  <\/td><\/tr><tr><td>\n  Form 24Q\n  <\/td><td>\n  Statement enclosing information of TDS\n  deducted from salary\n  <\/td><td>\n  Quarterly\n  <\/td><\/tr><tr><td>\n  Form 26Q\n  <\/td><td>\n  Statement enclosing information of TDS\n  deducted from earning except salary\n  <\/td><td>\n  Quarterly\n  <\/td><\/tr><tr><td>\n  Form 26QB\n  <\/td><td>\n  Statement enclosing information of TDS\n  deducted on income from the immovable asset\u2019s transfer (except agricultural\n  land)\n  <\/td><td>\n  Should be furnished within 30 days from the\n  end of the month when the deduction came to effect. \n  <\/td><\/tr><tr><td>\n  Form 26QC\n  <\/td><td>\n  Statement enclosing information of TDS\n  deducted from payment of rent\n  <\/td><td>\n  Should be furnished within 30 days from the\n  end of a particular month when the deduction came to effect. \n  <\/td><\/tr><tr><td>\n  Form 27Q\n  <\/td><td>\n  Statement enclosing information of TDS\n  deducted on incomes reaped from interest, dividend, or other sum payable\n  <\/td><td>\n  Quarterly\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<p>The person deducting TDS is\naccountable to furnish an acknowledgement form to the taxable person. It act as\nan evidence that the mandatory taxes have been addresses and furnished to the\nconcerned authority. This certificate encloses information like;<\/p>\n\n\n\n<ul><li>Payee details<\/li><li>Payer Details<\/li><li>Tax deduction date<\/li><li>Date of credit\nsubmission <\/li><\/ul>\n\n\n\n<p>TDS certificate is important to claim refund (if any) while filing IT Return.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Online_process_to_check_the_TDS_status_by_using_the_PAN_Card\"><\/span>Online process to check the TDS status by using the PAN Card<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Enter the following URL in your web browser <a rel=\"noreferrer noopener\" href=\"http:\/\/www.tdscpc.gov.in\/app\/tapn\/tdstcscredit.xhtml\" target=\"_blank\">www.tdscpc.gov.in\/app\/tapn\/tdstcscredit.xhtml<\/a><\/li><li>Enter the Verification code<\/li><li>Key-in the verification code<\/li><li>Enter PAN &amp; TAN details in the given field.&nbsp;<\/li><li>Choose the fiscal year, quarter, and return type.&nbsp;<\/li><li>Tap on the Go option.&nbsp;<\/li><li>The detail regarding the TDS status will be prompted on the corresponding screen.&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Online_process_to_check_TDS_credit_using_form_26AS\"><\/span>Online process to check TDS credit using form 26AS<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Step 1&nbsp;<\/strong><\/p>\n\n\n\n<p>Visit the Income tax official\nwebsite by entering the following URL in the web browser.&nbsp;www.incometaxindiaefiling.gov.in\/home<\/p>\n\n\n\n<p><strong>Step 2<\/strong><\/p>\n\n\n\n<p>Complete the registration\nformalities by providing the legitimate detail.&nbsp;<\/p>\n\n\n\n<p><strong>Step 3<\/strong><\/p>\n\n\n\n<p>If you are already registered\nto the portal, use your credentials to log in to the portal.&nbsp;<\/p>\n\n\n\n<p><strong>Step 4<\/strong><\/p>\n\n\n\n<p>On the following page i.e.,\nhome window, navigate to the \u2018My Account\u2019 option.&nbsp;<\/p>\n\n\n\n<p><strong>Step 5<\/strong><\/p>\n\n\n\n<p>Select \u2018View Form 26AS\u2019 and\nchoose the relevant year.&nbsp;<\/p>\n\n\n\n<p><strong>Step 6<\/strong><\/p>\n\n\n\n<p>Choose \u2018PDF format\u2019 &amp;\ndownload the file.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Keep in mind that the\ndownloaded file can only be accessed by providing Date of Birth (DOB) mentioned\non the&nbsp;PAN card. This is because it is encrypted in nature and seeks a\npassword. Apart from ascertaining TDS status via Form 26AS &amp; PAN card, one\ncan view the TDS online through the net banking portal. But, for that, you will\nbe required to link the PAN details with the net banking portal.<\/p>\n\n\n\n<p>If you seek some additional detail pertaining to TDS status , let us know by dropping the comment in the messa TDS status ge box. The professional at <a href=\"https:\/\/corpbiz.io\/\"><strong>CorpBiz<\/strong><\/a> will try to respond them in a swift manner. <\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/section-194j-under-it-act\/\">Section 194J under IT Act- All You Needs to Know<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The concept of TDS came into existence to collect Tax from the non-exempted source of income. As per TDS, an individual (deductor) obligated to make payment of specified nature any other individual (deductee) shall deduct Tax at source &amp; forward the same into the Central Government\u2019s account. Therefore, in this write-up, we will explain What [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":30783,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[237],"tags":[1757],"acf":{"service_id":"90"},"authorName":"Pankaj Tyagi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/MicrosoftTeams-image-42.jpg","authorDescription":"Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.","postViews":5213,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/30752"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=30752"}],"version-history":[{"count":25,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/30752\/revisions"}],"predecessor-version":[{"id":30784,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/30752\/revisions\/30784"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/30783"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=30752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=30752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=30752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}