How deductor can Submit Self-Declaration for Lower Deposit of TDS

Centralized Processing Cell (TDS) has started sending notices to those deductors who have paid 40 to 60% lesser TDS during the period from April 1 to October 15, 2015 as compared to the corresponding period in Financial Year 2014-15.
If as a deductor you have reasonable causes for less Deduction and less Payment of tax with respect to the above mentioned reduction. CPC TDS has released a “Self Declaration” feature on its web-portal TRACES with respect to Lower TDS deposited during a Quarter/s to facilitate the deductors to share the reasons for reduction in TDS deposited during the year or quarter compared to last year.
How to use the functionality:
1. Login to your deductor account on TRACES Website ( using
your user id and Password
2. Navigate to “Declaration to Deposit Lower TDS” under “Statements/ Payments” Menu
3. Add statement details with respect to Financial Year, Quarter and Form Type for which declaration needs to be made.
4. Add “Nature of Payment” and “TDS Lower by %”
5. Select “Reasons for Lower Deduction” from the drop down menu.
6. Check declaration by submitting “I Agree” radio button.

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