The NSE Clearing Limited (NCL) on June 25, 2026, issued a circular regarding the release of the Automated Portal to claim a refund of Tax Deduction at Source (TDS) based on the submission of a challan and TDS Certificate.
The following has been stated:-
•NSE Clearing Limited (NCL) has introduced an automated portal for members to claim TDS refunds by submitting individual challans and TDS certificates, replacing the earlier email-based process.
•The new system applies to NCL invoices issued on or after June 01, 2026, and common challans will not be accepted.
•A user manual has been made available on the ENIT platform under the TDS menu to guide members through the process.
•TDS refunds for invoices issued before June 01, 2026, will continue to be processed through the existing submission of TDS certificates.
[Circular No: 24/2026]
