The Income Tax Department has been awarded GOLD by the Government of India under category “Cat-I-Excellence in Government Process Re-engineering” for National Award on e-governance 2014-15. The award has been conferred for “TDS Reconciliation Analysis & Correction Enabling System (TRACES)” project launched by the Department. The Project marks a major step in ensuring TDS compliance through the processing of TDS returns and comprehensive data processing of TDS statements using technology driven end-to-end processes. At present 15 Lakh deductors and 2.5 crore tax payers are using various e-enabled online services through the CPC (TDS). The award was presented today during the 18th National Conference on e-governance held at Mahatma Mandir, Gandhinagar, Gujarat. This third award on e-governance to the Income Tax Department in the last 5 years speaks volumes about the commitment of the Department to e-governance and to move towards a non-adversarial and tax-payer friendly regime.

TDS compliance strengthened by TRACES project, improving electronic reconciliation, return processing and taxpayer services with national recognition. The Department implemented the TDS Reconciliation Analysis & Correction Enabling System (TRACES) to strengthen TDS compliance through end-to-end electronic processing of TDS returns and automated reconciliation of TDS statements, centralising data processing and enabling online submission, reconciliation and correction workflows to improve administrative efficiency and taxpayer services.