TRACES: Who Qualifies and What You Get
Learn how to track tax credits, download certificates, and manage your TDS/TCS information through the official portal.
TRACES is an online portal used to manage tax deduction and collection information. It allows you to keep track of your tax credits and access important tax documents.
Who it's for
This system is designed for taxpayers and deductors who need to manage Tax Deducted at Source (TDS) or Tax Collected at Source (TCS).
What you get
You can use the portal to view your Form 26AS, which is a tax credit statement. You can also download TDS certificates and track your various tax credits to ensure everything is recorded correctly.
What it costs you
The service is free to use. To access it, you will need to have your Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) ready for registration.
The catch to know
If you lose access to your account, resetting your password can be a bit complicated. It often requires you to use a digital signature or undergo a validation process through your bank account.
How to apply
- Visit the official portal.
- Register using your PAN and TAN details.
- Complete the necessary identity verification.
- Access your dashboard to view your tax information.