How to Check TDS Status: Deduction is made at a certain percentage based on the rules. You can check TDS status through your PAN card. This will make it easier for you to file your ITR. You can easily check your TDS status.
How to Check TDS Status: Tax Deduction at Source (TDS) is a tax collection system that helps the government to receive a certain amount of tax in advance. Deduction is made at a certain percentage based on the rules. The Central Board of Direct Taxes (CBDT) is the regulatory body that monitors such transactions. Taxpayers should keep checking their TDS status as it helps them know the status of their tax payment and avoid any problems in filing Income Tax Return (ITR).
You can check TDS status through your PAN card
First of all go to the Income Tax website. After this, enter your verification code. Click on ‘Proceed’ to proceed to the next stage. Then enter PAN and TAN. Select its financial year, quarter and return type and click on ‘Go’. TDS information will be visible on the screen.
How to check TDS credit status through Form 26AS
- Visit the income tax e-filing portal
- The taxpayer needs to register.
- Log in and go to the ‘My Account’ tab.
- Click on ‘View Form 26AS’
- Select the financial year and PDF format.
- Download the form.
- The file is password protected. Users need to submit the date of birth as mentioned in the PAN card.
How to check TDS status through Income Tax Filing Portal
- Go to the Income Tax e-filing portal.
- Click on the ‘My Account’ tab and select ‘View Form 26AS’
- You will be redirected to the TRACES portal.
- Select the assessment year and file format.
- Your TDS details will appear on the screen.
TDS is applicable on various income categories like salary, interest on fixed deposits, rent, commission, etc. TDS helps prevent tax evasion. The TDS deducted can be claimed as tax refund after filing ITR.
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