SPEED-e / IDeAS facility of NSDL to View / Download Tax Credit Statements
National Securities Depository Limited (NSDL) is the first and largest depository in India promoted by institutions of national stature. More than 1.47 crore demat account holders like to maintain their demat accounts with NSDL.
You may be aware that NSDL provides various online facilities such as SPEED-e & IDeAS, through e-Services website (https://eservices.nsdl.com) which facilitates you to submit delivery instructions from your demat account, view latest holdings & transactions and download monthly transaction statement in respect of your demat account through internet.
In this regard, NSDL is pleased to inform you that new feature has been added under SPEED-e / IDeAS facility to enable investors to download FORM 26AS (annual tax credit statements) from TRACES website. TRACES is a web-based application of the Income Tax Department that provides an interface to all stakeholders associated with TDS administration. It enables viewing of challan status, downloading of Conso File, Justification Report and Form 16 / 16A as well as viewing of annual tax credit statements (Form 26AS).
SPEED-e is a common Internet Infrastructure that enables the Depository Participants (Participants) to provide depository services to their clients. Demat account holders (including Clearing Members) subscribing to this facility can submit delivery instructions to their DP’s through SPEED-e website https://eservices.nsdl.com, instead of submitting delivery instruction slips (in paper form) to their DP’s. The users of SPEED-e can also check latest balances and transactions in their demat accounts through a facility called Internet-based Demat Account Statement (IDeAS) and monitor the status of execution of instructions.
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Using SPEED-e / IDeAS facility of NSDL, you can view / download tax credit statement through “View/Download Tax Credit Statements” from TRACES website. Thus, you would not be required to log-in to TRACES website separately for viewing / downloading tax credit statement. This feature will help you in viewing your investment details held in your demat account as well as annual tax credit statements under one window.
If you have not availed online facility available on e-Services website, please subscribe today. For more information / clarification, you may visit e-Services website or email us at email@example.com or firstname.lastname@example.org.
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