5.7 - PAN, TDS & Form 26AS Reconciliation

Your PAN links Madverse's TDS deductions to your personal tax record, enabling you to claim the credit at filing time.

5.7.1 How TDS flows

1. Madverse deducts TDS under Section 194J on royalty payments to Indian residents before payout.
2. That amount is deposited with the Income Tax Department under your PAN — it is advance tax, not a Madverse fee.
3. It appears in Form 26AS. Claim it as a credit when you file your ITR.
4. Add or verify PAN in payout / bank details. Without a PAN, TDS may be deducted at a higher statutory rate (Section 206AA).

5.7.2 Form 16A

Madverse issues Form 16A quarterly, downloadable from your dashboard. Provide it to your CA when filing.

5.7.3 Reconciling Form 26AS

If a TDS amount doesn't appear in your Form 26AS within the expected quarter, this is usually a filing-timing issue on Madverse's end (deposits are filed quarterly with the tax authority, with a short lag before they reflect in 26AS) rather than a missing deduction — check your Madverse earnings statement first, then contact support if a deducted amount genuinely never appears after a full quarter.

5.7.4 International artists — W-8BEN

Non-Indian artists complete a W-8BEN form during KYC (1.7.3) to certify non-US tax residency for any US-sourced royalty income, which affects US withholding tax treatment rather than Indian TDS.

Source: MadDesk article 5.7 (5-7)