Learning the steps to run a TDS check is crucial for all taxpayers. It allows you to manage your tax liabilities and file accurate returns. Know that TDS stands for Tax Deducted at Source. It’s a tax that employers, banks and other entities deduct before disbursing the funds to your account.
Tax deductors or collectors file a TDS return every quarter, and based on that, you get the details of deductions made under your name. With the online TDS check facility, you can verify such deductions. This helps you to accurately assess and manage your tax liability.
Read on to learn the steps to run a TDS check online using your PAN card and more.
Follow these steps to do an online TDS check by PAN card on the official website:
These are the simple steps to initiate a TDS check online. In the case of multiple tax deductors, you will have to do this process multiple times to know all the deductions.
Also Read: How to calculate TDS on salary?
Here are the steps you need to follow to check your TDS balance on the income tax website.
Once you have downloaded the file, you need a password to view your TDS details. This password is your date of birth as per your PAN card in ‘DDMMYYYY’ format. You can also run a TDS check by PAN card via net banking provided that it’s an authorised bank and your card is linked to the account.
Also Read: How to Claim ITR Online for TDS
Now that you know how to check TDS online, here is all the information you can find on the statement.
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Visit the TRACES or income tax portal to check your TDS statement status online with your PAN card.
Log in to the income tax website to check your return. If you are a deductee, you can visit the income tax portal or TDS portal to view your deduction details.
If you are a deductee, you can get Form 16 from your employer or the deductor. If you are a deductor, you can download it by following these steps:
Step 7: Go to the TRACES website after 24-48 hours to download the certificate