Are you validating your KYC multiple times on TRACES?
With a Digital Signature, you have to validate your KYC only once. No hassle, no fuss and super easy to do!
This user guide has been designed to help you validate your KYC on the Income Tax Department’s TRACES (TDS Reconciliation Analysis and Correction Enabling System) portal using a Digital Signature.
In addition, with the help of Digital Signature, you can use following functionalities on TRACES within the same session without a separate KYC for each functionality:
- Access all downloads
- Update user profile
- Submit online corrections
Before you start, ensure that:
- Your Digital Signature is registered on TRACES
- Your Digital Signature Certificate (DSC) is installed in the browser
OR
- e-Mudhra dongle/hard token USB protection device is plugged into your computer
How to validate KYC on TRACES
Step 1
Log in to the TRACES website at https://contents.tdscpc.gov.in/
Select whether you are a deductor or taxpayer/PAO
Enter your User ID already registered with TRACES
- If you are a deductor, your user ID will be the value set during registration
- If you are a tax paper, your user ID will be your PAN number
- If you are a PAO (Pay and Accounts Office), your user ID will be your AIN (Account Office Identification Number)
Enter your password.
Then:
- If you are a deductor, enter your TAN
- If you are a taxpayer, enter your PAN
- If you are a PAO, enter your AIN
Enter verification code (CAPTCHA).
For more details on any screen, click on orange HELP icon on the right.
Step 2
Once you successfully log in, you will arrive at a landing page.
From the main menu, you can select any functionality to get KYC details.
Under ‘Defaults’, click on ‘Download justification report’
Step 3
You will see a page with two options
- a) Digital Signature supported KYC Validation
- b) Normal KYC Validation
Select option (a)
Step 4
Provide details of FY (financial year), form type and quarter.
Click on ‘Validate DSC’.
A window will appear where you need to enter the DSC password.
Click OK, select the certificate and click on the sign to proceed further.
Step 5
Now you will come to a screen where you have to provide the one-time KYC for the entered form type, financial year and quarter.
Fill in the token receipt number, challan details, PAN combinations and click on ‘proceed’.
Step 6
If all the details you have entered are correct, you will see an on-screen message stating ‘KYC details have been validated’
And you’re done!
Once your details are validated, you can place download requests for any financial year, quarter or form type. You can also submit requests for online correction and update the profile details. Just remember to stay logged in. If you log out, your session will change and you will have to log in again to access all functionalities.
MyDSC.net is the leading provider of Digital Signature Certificates across all India. We provide DSCs of Sify, Ncode, eMudhra for Class 2, CLass3, DGFT, etc. We have a dedicated team to process and support DSC requests so you are ensured of great prices and superb customer service every time.
For more information on DSCs and KYC validation, contact us:
Phone: 022-2308-0666, +91 9224618250
Email: dsc@mydsc.net