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. TDS, short for Tax Deducted at Source, is a part of income tax that employers, banks and other entities deduct before disbursing the funds to your account.
The 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 TDS website:
These are the simple steps to initiate a TDS check online. If there are multiple tax deductors, you will have to do this process multiple times to know all the deductions.
To learn how to check TDS balance on the income tax website, follow these steps.
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 an online TDS check via net banking, provided that it is an authorised bank and your PAN is linked to the account.
Also Check: How to calculate TDS on salary?
Here is all the information you can find on your TDS 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.
Also Read- How to claim income tax refund online for TDS: Important pointers
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: