Centralised processing of TDS and TCS statements permits specified adjustments, interest and fee computation, demand or refund intimation.

Section 399 provides a common mechanism for processing TDS and TCS statements, including correction statements. Processing permits adjustment of arithmetical errors and incorrect claims apparent from the statement, computation of interest and applicable fee, and determination of the amount payable or refundable after accounting for prior payments. An intimation is issued to the deductor or collector, and any resulting refund is granted. Intimation must be issued within one year from the end of the tax year in which the statement is filed. Centralised processing may be established for uniform and automated administration.

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