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CPC-TDS likely to ease the compliance procedure for taxpayers

The launch of the new Centralised Processing Cell for Tax Deducted at Source (CPC-TDS) will play a key role in increasing the efficiency of tax filing for entities and processing of TDS for the income tax department.

The CPC 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)



The system will be a big boom for both the taxpayer and the government. It’s a big boom to the taxpayer because it will eliminate the problem faced by tax payers of mismatch in credit of tax deducted and claimed in the return of income. Also it’s also a big boom to the government because now it will be able to collect every single rupee that is deducted and account for every single rupee.

TRACES will provide a bouquet of services like viewing and downloading of Form 26AS and downloading of consolidated files for filing of correction statements. This will facilitate proper reconciliation between credit of taxes paid by deductors and claimed by deductees.

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.

Moreover, banks, being the most important Tax Deductors will now have the facility to file correction statements online to minimise the difficulties faced by tax deductees in claiming credit of tax deducted at source.

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 ( and SMS alerts are other unique features of the CPC-TDS.

Also read: Traces: New TDS Website that has Replaced Tin-Nsdl

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