Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4% :: empanelment :: VAT RATES :: due date for vat payment :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: form 3cd :: TDS :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: ACCOUNTING STANDARD
 
 
« Latest Circulars »
 Issuance of Rupee denominated bonds overseas – Multilateral and Regional Financial Institutions as Investors
 RBI-Formation of twenty one new districts in the State of Telangana - Assignment of Lead Bank Responsibility
 RBI imposes penalty on Janata Urban Co-operative Bank Ltd., Wai, District Satara
 Monitoring of Foreign Investment under PIS in Indian Companies- Incorporation in Ban List–M/s HDFC Bank Ltd.
 Reserve Bank of India seeks Comments on Draft Circular on Rationalisation of Merchant Discount Rate (MDR) for Debit Card Transactions
 Forward Rate Agreement (FRA) and Interest Rate Swap (IRS) - Withdrawal of Fortnightly return
 RBI-Foreign Investments in India
  RBI cancels the Licence of the Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, Pune, Maharashtra
  Finance Minister meets the Directors of the RBI Central Board
  RBI-Removal of limits on withdrawal of cash from Saving Bank Accounts
 Government of India nominates Dr. Rajiv Kumar, Dr. Ashok Gulati and Shri Manish Sabharwal on RBI Central Board

Union Finance Minister Shri P. Chidambaram, will dedicate the Centralized Processing Cell for Tax Deducted at Source, CPC (TDS) to the nation
February, 25th 2013
                                PRESS INFORMATION BUREAU
                                  GOVERNMENT OF INDIA
                                           ***

    FM TO DEDICATE CENTRALIZED PROCESSING CELL FOR TAX DEDUCTED AT
                      SOURCE, CPC (TDS) TOMORROW



                                                                         New Delhi: Phalguna 3, 1934
                                                                                  February 22, 2013


       The Union Finance Minister Shri P. Chidambaram, will dedicate the Centralized Processing Cell
for Tax Deducted at Source, CPC (TDS) to the nation tomorrow.

       The CPC (TDS) will be situated at Aayakar Bhawan, Sector-3, Vaishali, Ghaziabad (UP). It will
provide the tax deductors, taxpayers and the Assessing Officers, a wide range of online services related
to TDS through a functionality designated TDS Reconciliation, Analysis and Correction Enabling
System (TRACES).

        TRACES through its portal (https://www.tdscpc.gov.in) will provide a bouquet of services like
viewing and downloading of Form 26AS by taxpayers, downloading of Consolidated Files for filing of
correction statements. The facility of downloading of TDS Certificates in Form 16 and 16A by tax
deductors is a measure of convenience for the deductees. This will facilitate proper reconciliation
between credit of taxes paid by deductors and claimed by deductees. E-Tutorials for tax deductors
would be immensely useful for educating tax deductors for enhancing compliance.




       Further, TRACES will also enable multiple modes of communication to reach out to the
deductors and deductees for immediate correction, reconciliation and matching of TDS payments.
Banks, being the most important Tax Deductors will now have the facility to file correction statements
online to minimize the difficulties faced by Tax Deductees in claiming credit of Tax Deducted at
source. It is expected that this facility will, to a large extent, ameliorate the problem faced by Tax
Payers of mismatch in credit of Tax deducted and claimed in the Return of Income.

        A toll free Call Centre (Toll Free No.1800 103 0344) is functional for the convenience of
deductors/ deductees. Instant communication by way of E-mail (contactus@tdscpc.gov.in) and SMS
alerts are other unique features of the CPC(TDS).




       The Revenue Secretary and other Secretaries from Ministry of Finance, Chairperson (Central
Board of Direct Taxes) and other dignitaries from Central Board of Direct Taxes and Central Board of
Excise and Customs will also grace the occasion.

                                                *****
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Custom Software Development Outsourcing Custom Software Development Offshore Cus

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions