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Challan Correction after once challan correction is done using challan oltas correction

TDS 175 views 2 replies

I have tds demand ranging for FY 2014-2025. I mistakenly paid all the demand using challan for FY 2025-26 then adjusted demand for +1 and -1 FY. then once i used oltas challan correction for changing  FY to 2023-24 then adjusted demand for +1 and -1 FY. i am not able to use challan oltas correction as i have used that once. I have unutilised balance in the challan and i have demand to be adjusted in the year. Do i have to get refund from traces or is there any way to set off the the demand for same.

Replies (2)
Quick Summary
OLTAS challan correction can usually be done only once online. For further correction, approach Jurisdictional AO with a request. After update, unutilized balance can be adjusted against demand via TRACES.

  • Online Limit: The OLTAS correction facility on TRACES often allows only a single correction for certain fields.

  • Primary Solution: Submit a physical application for correction to your Jurisdictional Assessing Officer.

  • Outcome: Once the A.O. updates the Financial Year, the unutilized balance can be used to set off the demands through the TRACES "Pay 220" utility.

  • Online Limit: The OLTAS correction facility on TRACES often allows only a single correction for certain fields.

  • Primary Solution: Submit a physical application for correction to your Jurisdictional Assessing Officer.

  • Outcome: Once the A.O. updates the Financial Year, the unutilized balance can be used to set off the demands through the TRACES "Pay 220" utility.


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