TDS Return Process with default

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If you've filed your TDS return (Form 26Q) and mistakenly entered the challan deposit date instead of the actual tax deduction date, you've likely incurred an interest demand. The advice is to revise your TDS return by filing a correction statement. This will rectify the deductee details and help you avoid unnecessary interest payments.

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(Querist)
23 July 2021 I have filled TDS return Form 26 Q but doing mistake that in column date on which tax deducted enter the date of deposition of challan.

Return process with default and raised interest for demand.

Sir, should I revised the TDS return with correct date.
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CMA Poornima Madhava

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CMA Poornima Madhava (Expert)
24 July 2021 Yes, as I understand, deductee details have to be revised to avoid payment of interest.
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
25 July 2021 Yes you have to file correction statement in order to remove interest.
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