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FORM 26QB CORRECTION DATE OF PAYMENT/CREDIT

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adarsh rathore

25 Points Posted on 27 October 2025

Sir,

I purchased plot from BDA, for which i have paid the total dues on 29.11.2023, but registry was not done by seller because site was not prepared, Now i have received letter from BDA in September 2025 to pay extra alloted land charges and to deposit 1% TDS after then registry of plot will be done. I have paid extra land charges on 23.09.2025 and filed 26QB (attached) with on 25.09.2025, but now i have received demand(attached) more than TDS amount. Now i am filling correction statement in traces, but still in confusion about the correct values to enter to avoid penality. One more thing i have raised the issue in grivances and now i am able to download form 16b from traces, do i need to file correction statement or not?

Replies (4)

Quick Summary

This discussion addresses a complex situation regarding Form 26QB corrections. The user paid plot dues, but registry was delayed. Later, additional charges and TDS were levied. After paying these and filing Form 26QB, a demand exceeding the TDS amount appeared on TRACES. The user is seeking advice on how to correctly file a correction statement to avoid penalties, especially since they can now download Form 16B but the demand persists.

Rama chary Rachakonda

Master in Accounts & high court Advocate

7021 Points Posted on 29 October 2025

You might not need to file a correction statement if you have taken the necessary steps to address the discrepancy.

adarsh rathore

25 Points Posted on 29 October 2025

Sir but demand is still there in traces. Also please advise what vaules correction i should do to avoid penalty.

adarsh rathore

25 Points Posted on 05 November 2025

please find attached file, screenshot of traces login still showing demand

Aashok Kumar Sharma

Finance/Compliance Consultant

77511 Points Posted on 07 November 2026

Verify if any interest component remains unpaid. If unpaid, deposit the differential amount via a separate challan, tag it on TRACES, or file a short-payment correction statement to clear the default and close the case cleanly.