TDS Challan - change of FY 2025-26 to TY 2026-27


This query is : Resolved 

Quick Summary
An assessee mistakenly selected the financial year (FY) 2025-26 instead of the correct tax year (TY) 2026-27 when depositing a TDS challan. Both the old and new TRACES portals are preventing corrections for this specific change. The recommended solutions involve either submitting a manual correction request with supporting documents to the JAO (TDS) or paying a new challan for the correct period and subsequently claiming a refund for the erroneous challan through TRACES.

(Querist)
02 October 2026 Assessee had deposited TDS challan by wrongly selected FY as 2025-26 instead of TY 2026-27.

Now, the Old Traces portal is limiting the challan corrections to earlier years only and New Traces portal is completely blocking the correction request to change FY 2025-26 to TY 2026-27.

So how we can make corrections in the TDS challans ?

02 October 2026 To summarize, first ensure there isn't simply a misunderstanding of tax periods, as FY 2025-26 inherently represents the 2026-27 tax year. If an actual financial year shift is required and restricted by TRACES, the solution is to either submit a manual correction request with supporting documents to the JAO (TDS) who can bypass frontend portal blocks, or pay a new challan immediately for the correct period and claim a refund for the unused challan via TRACES.

Subhash Jain (Querist)
02 October 2026 Thanks Sir,

How to claim a refund of unused challans from TRACES ?

02 October 2026 To secure this refund, log into the TRACES portal, navigate to the refund section under the Statement/Payments menu, submit the unconsumed challan and bank details, and authenticate the final request using a registered DSC to generate a tracking number.


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