22 January 2015
Hi All What do u mean by 1.Tds Return is processed for 26 AS with Yellow colour 2. processed without default with Green in colour what to do ?????? thnx
28 July 2025
Here's a breakdown of your two queries related to **TDS return processing and penalty under section 234E**:
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### ✅ **1. TDS Return Status Colors (in TRACES)**
When you view your TDS statement status in **TRACES**, the colors indicate the processing outcome:
| **Color** | **Meaning** | **Action Required** | | ------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------- | | 🟡 **Yellow** | **Processed for 26AS**: This means the return is processed and credit is available in deductees' Form 26AS, but **defaults (errors/penalties)** may still exist. | Download the **Justification Report** from TRACES to view and correct defaults. | | 🟢 **Green** | **Processed without default**: Return is accepted and there are **no issues** — TDS credits properly reflect in 26AS and no further action is needed. | ✅ **No action needed.** |
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### ✅ **2. Penalty u/s 234E Paid – What to Do Now?**
You filed your **Q2 return late** (on **17/12/2014**) and have now paid **late filing fee u/s 234E**. Here’s what you should do next:
#### 👉 **Do you need to revise the return?**
* **No**, you **don’t need to revise the TDS return** just because you paid the 234E fee. * Simply **add the challan** of penalty payment in the **TRACES portal** under **"Defaults → Request for Correction"** using **Online Correction** facility. * You can add this under **“Add Challan to Statement”** and tag it accordingly — *as fee u/s 234E*, **not** TDS.
#### 📌 **Steps to follow:**
1. Log into [TRACES](https://www.tdscpc.gov.in/) 2. Go to **“Defaults” → “Request for Correction”** 3. Choose the relevant statement (Q2 FY 2014–15) 4. Use **“Online Correction” → “Add Challan”** 5. Select challan type as **234E – Late Filing Fee** 6. Validate and submit
> ⚠️ *Note:* The 234E fee is not part of deductee TDS — so no need to revise return unless there is an actual correction to deductee or challan details.
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Let me know if you’d like help navigating the online correction or downloading the justification report.
CAclubindia
