Incorrect 26 QC

Hi

 

We filed incorrect 26QC and paid TDS @ 5% instead of 2%. Now to claim refund via 26B, do we need to first correct 26QC or we can file refund request straight-away.

Replies (1)

A question about correcting an incorrect 26QC and claiming a TDS refund! Correcting 26QC: -

*Incorrect TDS Rate*: You paid TDS at 5% instead of the correct rate of 2%. - 

*Correction Process*: To correct the incorrect 26QC, you'll need to file a revised 26QC with the correct TDS rate. Claiming Refund via 26B: - 

*Revised 26QC*: Before filing Form 26B for a refund, you should file the revised 26QC with the correct TDS rate. - 

*Refund Claim*: Once the revised 26QC is filed, you can claim the refund by filing Form 26B. Key Considerations: - 

*Time Limit*: Ensure you file the revised 26QC and Form 26B within the prescribed time limits to avoid any interest or penalties. - 

*Documentation*: Maintain proper documentation, including the original 26QC, revised 26QC, and Form 26B. Recommendation: 

1. *File Revised 26QC*: File the revised 26QC with the correct TDS rate as soon as possible. 

2. *Claim Refund via 26B*: Once the revised 26QC is filed, claim the refund by filing Form 26B. 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details
Company
12 August 2026
Deputy Manager - Finance

RoamPrime Technologies Private Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
08 August 2026
International Corporate Tax Advisory

Shulke

Bengaluru

CA

View Details
Company
06 August 2026
Sr accounts executive, Asst Manager

JAMNA AUTO INDUSTRIES LTD

Jamshedpur

CA Inter

View Details
Company
21 August 2026
Accountant

A G International

Kolkata

B.Com

View Details
Company
11 August 2026
Chartered Accountant

Aviv Global Pvt Ltd

Ahmedabad

CA

View Details