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 presented 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.