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TDS statements can be filed directly through TRACES portal: What changed from tax year 2026–27? Expert explains

TDS statements can be filed directly through TRACES portal: What changed from tax year 2026–27? Expert explains

The process of filing Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) statements has been moved to an online filing system from the tax year 2026-27 onwards. This change brings new forms, a separate compliance environment, and updated filing steps for deductors.

The shift to online filing aims to streamline the process and enhance compliance. Deductors are advised to familiarize themselves with the new system to ensure timely and accurate filing.

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