Tds
This query is : Resolved
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
10 August 2016
You can rectify the return
10 August 2016
no penalty pla clarify
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.
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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