TDS Challan Correction on TRACES
What is TRACES – TDS Reconciliation Analysis and Correction Enabling System
Traces (TDS Reconciliation Analysis and Correction Enabling System) is an online facility provided by the Income Tax Department at www.tdscpc.gov.in. The TDS return processing happens online with dashboard and status of filings and outstanding demand is shown therein. TRACES filings tds interest penalty– tds return
HOW TO DO CHALLANS CORRECTION ON TDS RETURN
The online correction can be done free of cost on TRACES. Online correction can be done without conso file from TRACES.
The steps are discussed to do challan correction with the help of correction statement on the TRACES website
Step-1: Login to TRACES WEBSITE
Step-2: Fill up User ID, Password, TAN number of deductor
Step-3: Go to default tab, click on ‘Request for correction’. Select correction category as ‘Online’. Thereafter a request number would be generated.
Step-4: Click on ‘Track Correction Request’ under ‘Default’.
Step-5: Fill up either ‘Request Number’, ‘Date’ or ‘View All’.
Step-6: Click on ‘Available/In Progress’ status
Step-7: Fill up the KYC information, Latest acknowledgment number of last TDS return filed. Please provide challan details basis the details filed in TDS return as per information below:
Step-8: From the drop-down menu, select ‘Pay LP, LD, Interest, Late filing Levy’ in the type of correction category
Step-9: From the drop-down menu, select ‘Add Challan’ in the type of correction category
Once the challan is added, please click ‘Submit correction Statement’
Notification will be triggered once the request is processed.
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