Correction in TDS return New Traces Portal
This query is : Resolved
Quick Summary
02 August 2026
How to file the correction for the TDS return for Q1 FY 2026-27?
Error was due to interest on late payment of TDS which is now paid how to file correction now?
Error was due to interest on late payment of TDS which is now paid how to file correction now?
02 August 2026
To correct a late payment interest error on TRACES for Q1 FY 2026–27, submit an Online Correction Request under the Defaults tab, select Pay 220I/Interest/Levy, tag the paid challan, allocate the paid amount to the Interest column, and submit using DSC.
04 August 2026
but that option is not available on new website
06 August 2026
If the error in your Q1 TDS return for FY 2026-27 occurred due to the non-payment or short payment of interest on the late deposit of TDS, you must first ensure that the applicable interest has been paid through the relevant challan. Once the payment is reflected, you can prepare and e-file a TDS correction statement by updating the necessary details and submitting it through the prescribed filing process.
To make the correction filing process simpler and more efficient, you may consider using Gen TDS Software (https://saginfotech.com/GeneTds.aspx). It is a reliable solution for preparing and e-filing TDS/TCS returns and correction statements, helping tax professionals, businesses, and other users manage their compliance accurately and on time.
To make the correction filing process simpler and more efficient, you may consider using Gen TDS Software (https://saginfotech.com/GeneTds.aspx). It is a reliable solution for preparing and e-filing TDS/TCS returns and correction statements, helping tax professionals, businesses, and other users manage their compliance accurately and on time.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS on Consultancy- Non DTAA
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- Eway bill generation from place other than registeted
- EPF FULL & FINAL RULES IN 2026
- Condonation . E-Verification of last year return .
- FTS Taxable under 115A
- Management System (IMS)
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Rental income gst and it purpose
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
