Tds

This query is : Resolved

Rajesh Chadda (Querist)
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09 August 2016 I have filled 24q and 26q . but mistakenly some entries of 26q has been entred in 24q . what are consequences and penalty on this correction on line

CA Amrita Chattopadhyay

CA Amrita Chattopadhyay (Expert)
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10 August 2016 You can rectify the return

Rajesh Chadda

Rajesh Chadda (Querist)
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10 August 2016 no penalty pla clarify

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
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27 July 2025 If you mistakenly entered some entries meant for **26Q** (TDS on payments other than salary) in **24Q** (TDS on salary), you should:

1. **Rectify the returns online** by filing revised statements for both 24Q and 26Q.
2. The Income Tax Department allows corrections and filing of revised TDS returns without penalty if done within the due dates.

**Penalty:**

* Generally, **no penalty is levied if the mistake is rectified timely** through revised returns.
* However, if the mistake leads to short deduction or late deduction of TDS, interest under Sections 201(1A) or penalty under Section 271C may apply.
* But just wrongly reporting the entries in 24Q instead of 26Q (and correcting it) usually does **not attract penalty** if corrected promptly.

So, no penalty just for the mistake if corrected online timely.

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