What type of certificate do you get for the Tax deducted at source and how is the certificate generated?
TDS certificate in Form 16A will be generated by the company from the TDS Centralized Processing Cell portal website of TDS Reconciliation Analysis and Correction Enabling System ((“TRACES”) and the same will be authenticated by means of digital signature. TDS certificate in Form 16A are generated quarterly on the basis of details provided in the quarterly TDS statement filed by the deductor of Tax in TIN (Tax Information Network).
For the tax deducted at source, tax deduction certificates in the prescribed Form 16A giving details of the tax remitted to the Govt. etc. will be sent on quarterly basis if the deposit is under quarterly scheme, half -yearly basis for deposit under half yearly scheme and at the end of the year in case of Yearly scheme and cumulative deposits.
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