If Assessee has uploaded TDS return but there occur some mistakes while furnishing the TDS statement PAN is wrongly mentioned, short deduction of TDS amount, excess utilization of any challan etc. In that case, the assessee has to do online corrections in the TDS statement on “TRACES” (TDS Reconciliation Analysis and Correction Enabling System).
Steps for Online Corrections in TDS/TCS Statement
Step 1: Log in to TRACES website
Step 2: Go to “Request for correction” under “Defaults” by entering the relevant Quarter, Financial Year, Form Type, and Latest Accepted Token number. The correction category should be “Online”, and the request number will be generated
Step 3: The request will be available under “Track Correction Request” when the request status becomes “Available” Click on Available / In progress status to proceed with the correction and provide information of valid KYC
Step 4: Select the type of correction category from the drop-down as “Challan Correction”
Step 5: Make the required corrections in the selected file
Step 6: Click on “Submit for Processing” to submit your correction (Only available to admin user), and the request can be submitted via Digital signature of an Authorised person.
Step 7: A 15-digit token number will be generated and mailed to the registered e-mail ID
Online Corrections’ List of TDS/TCS
All types of corrections, like “Personal information, Deductee details and Challan correction” can be made using online correction functionality available from FY 2007-08 onwards, depending upon the type of correction.
| Type of Error or Defaults | Correction Type | Available from FY | DSC Required |
|---|---|---|---|
| If the challan is unmatched | Challan correction | FY 2007-08 Onwards | No |
| Add a new challan | Add a challan to the statement | FY 2007-08 Onwards | No |
| To clear the interest and late fee demand payment | Pay 220, interest, levy, late filing | FY 2007-08 Onwards | No |
| To move the deductee row | Request for overbooked challan (move the deductee row from the challan) | FY 2007-08 Onwards | No |
| To update PAN | PAN correction | FY 2007-08 Onwards | Yes |
| To add/modify the deductee row | Add/Modify deductee details | FY 2013-14 Onwards | Yes |
| To update personal details | Personal information | FY 2007-08 Onwards | Yes |
| To modify salary details | Add or delete salary details | FY 2013-14 Onwards | Yes |
Note: For the paper return, online correction cannot be done
Status of Online Correction Requests
- Requested: When the user submits a request for correction.
- Initiated: The request is being processed by TDS CPC
- Available: Request for correction is accepted, and the statement is made available for correction. The user can start correcting the statement. Clicking on the hyperlink will take the user to the validation screen. Once the user clicks on the request with ‘Available’ status, the status of the request/statement will change to ‘In Progress
- Failed: Request cannot be made available due to a technical error. The user can resubmit the request for the same details
- In Progress: The user is working on a statement. Clicking on the hyperlink will take the user to the validation screen
- Submitted to Admin User: Sub-user / Admin User has submitted a correction statement to Admin User
- Submitted to ITD: Admin User has submitted a correction statement to ITD for processing
- Processed: Statement has been processed by TDS CPC (either for Form 26AS or for defaults)
- Rejected: Statement has been rejected by TDS CPC after processing. Rejection reasons will be displayed in the ‘Remarks’ column.
By what date one can take the details published in the TRACES as final.
After processing of return by TRACES one can take the details published in the TRACES as final
By what date tax deductors have to remit the TDS deducted from tax payer to Incomentax dept.?
Sir,
I am trying to rectify my challan thru oltas challan online rectification. I am able to put all details but when i submit , I am prompted by a message to change the minor head & major head though i only want to change the financial year . How can i only rectify the challans financial year?
Minor head and Major head is compulsory to select. Minor head means TDS paid by the taxpayer or major head mean TDS liability is raised by the ITD Department and that’s why TDS is paid by the taxpayer., (in Regular assessment)
This is Manoj Gidwani from Raipur, Yesterday I have filled form 281 related to TDS,[online] while submitting I was supposed to do 94A [for interest] , instead 96A had been submitted [96A – Income in respect of Units of non-residents]
How can I go further for necessary rectification, Kindly convey
Sir, from where you generated your challan? or had you paid this challan or still pending?
how to modify PAN NO through online. I am giving all the details pertains to that Qtr, it is going to file correction after that I am unable to modify the same. Kindly help me out.
how to modify PAN NO through online. I am giving all the details pertains to that Qtr, it is going to file correction after that I am unable to modify the same. Kindly help me out.
We are do correction FY 2014-15, through TRACES. When trying to submit through DSC it showing “PAN of Authorized / Responsible Person as per Personal Information of the correction and as per TRACES Profile should be same. Please update the PAN of Authorized / Responsible Person in the correction file.” Could you please help us in this regards.
The signing authority at the time of original return filling and at the time of correction should be same. And DSC will be related to the same person.