Form 26QB has significant importance in the process of deducting tax at source (TDS) for property sales. However, occasional errors and mistakes may occur during the submission of this form. If you come across any inaccuracies in your Form 26QB, there’s no need to worry, as you can rectify them.
This article has been written to provide a comprehensive guide on how to correct Form 26QB effectively.
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What is the Process to Correct Form 26QB-TDS Online?
Below is the authentic process to easily correct the 26QB form with important queries for taxpayers.
The 26QB-TDS Form on Property Sale
Form 26QB is an e-form also known as a “challan-cum-statement.” It is used for deducting tax under Section 194-IA of the Income Tax Act, 1961, regarding property transactions. The deductor, who is the buyer of the property, is required to file Form 26QB electronically on the Income Tax Department’s e-filing website (www.incometax.gov.in) within 30 days from the end of the tax deduction month.
What are the Steps to Correct Issues/Mistakes on Form 26QB?
The deductor, i.e., the buyer of the property, can rectify errors or mistakes in Form 26QB online by logging into the TRACES website. For easy understanding and utilization of the 26QB correction functionality, relevant e-tutorials are available on the home page of the TRACES website.
In Form 26QB, Who is Eligible to Apply for Corrections?
Only deductors (buyers of the property) who are registered on the TRACES website can submit a request for correction in Form 26QB. The option for “26QB” correction can be found under the “Statements/Forms” tab.
Is it Possible to Correct Certain Aspects of Form 26QB?
Corrections can be made in both critical fields (allowed for correction only twice) and non-critical fields. The following fields are categorised as critical and non-critical for correction purposes:
How Does Form 26QB-TDS Need to Be Corrected?
The steps for correcting Form 26QB are outlined below:
Step 1: Log in to the TRACES website as a taxpayer using your registered User ID and Password.
Step 2: Under the “Statements/Forms” tab, select the option “Request for Correction” to start a correction request.
Step 3: Enter the relevant details such as“Assessment Year,”, “Acknowledgement Number,” and “PAN of Seller” based on the filed 26QB form. Click on “File Correction” to submit the correction request. Upon submission, a request number will be generated.
Step 4: Go to the “Track Correction Request” option under the “Statements/Forms” tab and start rectifying after you see the status as “Available”. Click on the “Available” status to proceed.
Step 5: Provide the CIN (Challan Identification Number) details as per the filed 26QB statement, then click on “Proceed.”
Step 6:Select the field that needs to be edited in the 26QB form. After clicking on the “Edit” tab, a message will appear on the screen. Click on “Save” to save the updated details, and then click on “Submit Correction Statement.”.
Upon submission of the Correction Statement, a “Confirm details” screen will be displayed, highlighting the updated details in yellow.
The profile details will be populated as updated on TRACES. Click on “Submit Request” to finalize the correction request.
Step 7: After submission, it is necessary to validate the correction request. If your Digital Signature Certificate (DSC) is registered, you can validate the request using the DSC. If your DSC is not registered, you can validate the correction request using options such as e-verification (Net Banking), AO Approval, or Aadhar OTP.
Read Also:- Filing Revised TDS Return Online: Step-by-Step Guide
The profile details will be populated as updated on TRACES. Click on “Submit Request” to finalize the correction request.
Important Points to Remember
- After successfully submitting the correction, the applicant will be issued a Correction ID. This ID can be used to track the status of the correction.
- If your DSC is not registered, you need to provide a hard copy of the acknowledgement of the Form 26QB correction, along with identity proof, PAN Card, documents related to the property transfer, and proofs of payment to the Jurisdictional Assessing Officer (AO) for verification.
- Users can submit 26QB Correction statements without requiring approval from the Assessing Officer by using e-verification (Net banking)/AADHAR/DSC validation.
- Users can submit 26QB Correction statements without requiring approval from the Assessing Officer by using e-verification (Net banking)/AADHAR/DSC validation.
- There is no e-verification option available for NRI taxpayers.
I have paid the whole TDS amount of the under construction building in one go , as suggested by the builder . The Form 16 B generated shows only the 1 % of TDS amount as paid to the builder in the recent installment , and their is no mention of the full amount . Is this ok as except the challan statement 26QB , I donot have any other proof that the amount in full has been deposited.
I filed 26QB correction, i have dsc enabled and chose approval by seller. After seller approved it it is now stuck with AO and they dont reply. How can this be resolved, they dont pick up my request despite several tries to connect via email. I am an nri.
1. Raise a Grievance on TRACES
Submit a grievance explaining:
Correction filed with DSC and seller approval done.
It’s pending with AO and there’s been no response for X days.
Mention your PAN, Acknowledgment Number, Date of Filing, etc.
2. Contact the Jurisdictional AO (Official Route)
If the AO is not responsive on email:
Try calling their office directly (some AOs have staff landlines).
Contact the Addl. CIT or Jt. CIT of the same circle via email copying your AO.
Clearly mention your NRI status and inability to visit physically.
3. Use e-Nivaran (Alternative Grievance Portal)
Hi Sir,
How to download form 26QB after its revison? Any option to get it?
Step 1: Log in to TRACES (TDS Reconciliation Analysis and Correction Enabling System)
Step 2: Go to the Form 26QB Section
Step 3: Request for Revised Form 26QB
Step 4: Download the Revised Form 26QB
2 Buyers Being NRI , husband and wife purchased flat and deducted TDS but instead of deducting and submitting 26qb from both husband and wife’s account , statement was filed for full amount from husbands account, what is the way forward considering NRI for refund and correction of 26QB , first alteration of 26qb and then refund or some other process ? any hinderance that can come and needs to be taken care of including dsc and e verification ?
File an online correction request via TRACES portal under the husband login .
You will need to split the transaction:
Revise original 26QB to reduce the amount to what husband actually paid.
Create a new 26QB for the wife’s share and file it with her PAN.
You will likely need to contact TDS CPC/Assessing Officer for manual intervention since NRI cases and joint holdings often require backend correction.
Refund of Excess TDS
Once the correction is accepted, and amount bifurcated, only then can refund be processed.
The party in whose name TDS was over-reported (i.e. the husband) can claim refund for the excess paid in his income tax return.
e-Verification / DSC Requirements
e-Verification or DSC is required during correction.
For NRIs, DSC is often mandatory since Aadhaar OTP-based e-verification is not available.
Make sure the DSC is registered on the income tax portal of both parties (if filing from both sides).
Hindrances & Cautions:
TRACES portal doesn’t allow online split of 26QB easily — often needs physical or AO-level correction.
For NRIs, avoid using Aadhaar e-verification — instead use registered DSC.
Ensure correct PAN-Aadhaar linking status, even for NRIs (though not mandatory, sometimes mismatches cause issues).
Refunds can take several months, especially if manual intervention is involved.
Property of joint owner sold to a single buyer. Buyer had paid the purchase amount to both owner but had deducted TDS from only one seller account. Seller also claimed in only one account but the credit not given by the Department as the receipt/income was mismatching. Now if buyer want to rectify the form 26QB is it possible to file two separate form in the name of each seller dividing the amount. Amount from the seller whose account was taken earlier will be reduced and to be transfered to another seller’s account. Please guide
First, the buyer needs to cancel or revoke the original Form 26QB that was filed incorrectly. The buyer should then file two separate Form 26QBs, one for each seller. The amount that was originally deducted from one seller’s account should be transferred (divided) correctly between the two sellers based on their share in the sale proceeds. After filing the two corrected Forms 26QB, the buyer will receive a fresh acknowledgment, and the TDS credit will be properly reflected for both sellers in their respective accounts.