TRACES (TDS Reconciliation Analysis and Correction Enabling System)
Question and Answer of Conso File
Question and Answer of Conso File
Question (1) : What is a conso file?
Answer : It is the consolidated data of the statements processed (regular & correction) for the relevant Financial Year, Quarter and Form Type.
Question (2) : Why is a conso file required?
Answer : While filing correction for a particular Financial Year, Quarter and Form Type, conso file provides details about all the previous corrections made in the relevant statement. This conso file can be uploaded to the RPU to enable correction. This file gets updated each time a correction is filed for the particular Financial Year, Quarter and Form Type. Hence, each time a correction statement is to be filed for the given combination, a fresh conso file is required.
Question (3) : From which year is conso file available on TRACES?
Answer :Conso file is available on TRACES from FY 2007-08.
Question (4) : What would be the file extension for the consolidated file?
Answer : The file extension would be in ".tds" format.
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