How to Check TDS Status Using PAN and Form 26AS – Step-by-Step Guide

How to Check TDS Status: Tax Deducted at Source (TDS) is a system in which a certain percentage of tax is deducted by the payer while making specific payments such as salary, rent, commission, or professional fees. This ensures the government receives tax in advance. The Central Board of Direct Taxes (CBDT) is responsible for monitoring these transactions. As a taxpayer, it is essential to check your TDS status regularly to avoid any discrepancies while filing your Income Tax Return (ITR). You can easily check your TDS status using your PAN (Permanent Account Number) or Form 26AS. Here's a step-by-step guide to check your TDS status.

Check TDS Status Using PAN Card

You can check your TDS status using your PAN card by visiting the Income Tax Department's official website. Follow these steps:

1. Visit the Income Tax Department's official website.
2. Enter your verification code as displayed.
3. Click on the Proceed button to move ahead.
4. Enter your PAN number and TAN (Tax Deduction and Collection Account Number).
5. Select the Financial Year, Quarter, and Return Type.
6. Click on the Go button.
7. Your TDS details will appear on your screen.

By following this process, you can easily check the tax deducted on your income for the respective financial year.

How to Check TDS Status Using Form 26AS

Form 26AS is a consolidated annual tax statement that contains details of all TDS deductions made on your income. You can easily access it through the Income Tax e-filing portal. Here's how:

1. Visit the Income Tax e-filing portal.
2. Register yourself if you haven’t already.
3. Log in using your credentials and click on the My Account tab.
4. Select View Form 26AS (Tax Credit) from the drop-down menu.
5. You will be redirected to the TRACES (TDS Reconciliation Analysis and Correction Enabling System) website.
6. Choose the Assessment Year and the File Format (PDF).
7. Download your Form 26AS.
8. The file will be password-protected. Enter your Date of Birth (as per PAN) in DDMMYYYY format to access the file.
9. Once downloaded, you can view your TDS details for the respective financial year.

How to Check TDS Status Using Income Tax Filing Portal

The Income Tax Department's e-filing portal allows you to check your TDS status quickly. Follow these steps:

1. Visit the Income Tax e-filing portal.
2. Click on the My Account section.
3. Select View Form 26AS (Tax Credit).
4. You will be redirected to the TRACES portal.
5. Select your Assessment Year and desired format.
6. Once generated, the TDS details will be displayed on your screen.

This method provides you with a detailed summary of your TDS deducted, ensuring there are no discrepancies when filing your ITR.

Why is it Important to Check TDS Status Regularly?

TDS applies to various sources of income such as salary, fixed deposit interest, rent, commission, and professional fees. Checking your TDS status regularly is essential because:

1. Avoid discrepancies: It helps ensure the correct tax has been deducted and deposited with the government.
2. File accurate ITR: During Income Tax Return (ITR) filing, matching your TDS status with Form 26AS can prevent filing errors.
3. Claim tax refunds: If excess TDS has been deducted, you can claim a refund while filing your ITR.

Key Benefits of Checking TDS Status

• Helps verify accurate tax deductions.
• Allows taxpayers to claim a tax refund if excess TDS has been deducted.
• Prevents tax payment discrepancies.
• Ensures smooth Income Tax Return (ITR) filing.

By regularly checking your TDS status using your PAN or Form 26AS, you can stay updated about your tax deductions and avoid any complications during the ITR filing process.