Easiest Way to Check TDS Status: Tax Deducted at Source (TDS) is a system implemented by the government to collect taxes at the time of transactions. A specific percentage is deducted based on applicable tax laws. You can conveniently verify your TDS status using your PAN card, which will help you while filing your Income Tax Return (ITR). Here’s how you can check your TDS details easily.
TDS ensures tax collection at the source, preventing tax evasion and making tax payments more streamlined. It is governed by the Central Board of Direct Taxes (CBDT). Checking your TDS status regularly can help you stay updated on your tax payments and avoid any discrepancies while filing your ITR.
Visit the official Income Tax Department website.
Enter the verification code displayed on the screen.
Click on ‘Proceed’ to continue.
Input your PAN and TAN details.
Select the relevant financial year, quarter, and return type.
Click on ‘Go’ to view your TDS information.
Open the Income Tax e-Filing portal.
Register yourself as a taxpayer (if not registered already).
Log in and navigate to the ‘My Account’ section.
Click on ‘View Form 26AS’.
Choose the financial year and select the PDF format for download.
Open the file, which is password-protected – enter your PAN-linked date of birth as the password.
Access 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.
Choose the assessment year and preferred file format.
Your TDS details will be displayed on the screen.
TDS is deducted on various sources of income such as salary, interest earned on fixed deposits, rental income, commissions, and more. By checking your TDS details, you can ensure accurate tax deductions and claim any excess amount as a refund when filing your ITR.
By following these steps, taxpayers can easily verify their TDS status and ensure seamless tax compliance.
