First of all which play mode are you using? Absolute or Relative? If you are playing in Relative change it to Absolute. If it is already at Absolute try to decrease your input volume of the audio interface. Nearly all cd players have a huge output volume and so the timecode is not recognized properly. Try to decrease it and have a look at the timecode signal at the same time.
Cheers,
Steve

The left deck is at relative mode. This you can see at the yellow button under the waveform. Absolute mdoe is the first button
