What is Reporting Portal Proceeding?

[Debolina009]

The Reporting Portal Proceeding in TRACES refers to the process of reviewing, managing, and progressing through various reports, filings, or requests related to tax deductions or collections. It allows users to track the status and completion of their filings, such as corrections, updates, and submissions, ensuring all actions are in progress or completed as per compliance requirements.

Key Points:

• Track Progress: Monitor the status of filings and requests.
• Manage Proceedings: View and manage actions related to returns and corrections.
• Compliance: Ensures the correct handling of filings for regulatory compliance.
• Status Updates: Receive updates on the completion or pending status of requests.

For the software, we fetch information from here:
Income Tax Website>>Pending Action>>Reporting Portal>>Others>>e-Proceedings