How to submit Online Lower TDS Deposited Declaration
Brief Steps : Lower TDS Deposited Declaration
Due to various reasons there could be a reduction in TDS deduction in the current period as compared to the deduction made in the previous period. In that case Centralized Processing Cell (TDS) has enabled deductor to share relevant reasons for Lower Deduction and/or Lower Payment.
Below are the steps to submit Lower TDS declaration: –
Step 1 : Navigate to “Declaration to Deposit Lower TDS” under “Statements/ Payments” Menu
Step 2 :Add statement details with respect to Financial Year, Quarter and Form Type for which declaration needs to be made
Step 3: Add “Nature of Payment” and “TDS Lower by %”
Step 4 :Select “Reasons for Lower Deduction” from the drop down menu
Step 5: Check declaration by submitting “I Agree” radio button
Login to TRACES
Login to TRACES
Welcome Page
Welcome Page
Declaration to deposit lower TDS
Declaration to deposit lower TDS
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Declaration to deposit lower TDS image 2
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Declaration to deposit lower TDS(Contd.)
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Declaration to deposit lower TDS image 3
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Declaration to deposit lower TDS(Contd.) image 4
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Declaration to deposit lower TDS(Contd.) image 5
Select Relevant Reason for Lower TDS Deposited
Select Relevant Reason for Lower TDS Deposit
What If Deductor Clicks on “I Agree”
What If Deductor Clicks on I Agree
Declaration to deposit lower TDS(Contd.)
Declaration to deposit lower TDS(Contd.) image 6
Declaration to deposit lower TDS(Contd.)
Declaration to deposit lower TDS(Contd.) image 7
What If Deductor Clicks on “I Disagree”
What If Deductor Clicks on I Disagree
If the Deductor Clicks on “ I Disagree “
If the Deductor Clicks on I Disagree
Deductor Finally Clicks On “I Agree”
Deductor Finally Clicks On I Agree
Declaration to deposit lower TDS(Contd.)
Declaration to deposit lower TDS(Contd.) image 6
–Declaration to deposit lower TDS(Contd.) image 7
Source- https://contents.tdscpc.gov.in