TCS Challan correction

We mistakenly paid the TCS of scrap u/s 206C to be paid under 6CE code in 194 C TDS for payment to contractors.
The online correction under Traces is only for one section of TDS to another.

Is there any way to transfer the challan from TDS to TCS ?
Replies (2)
Quick Summary
This discussion addresses a common error where Tax Collected at Source (TCS) was mistakenly paid under the wrong section (194C TDS instead of 206C TCS). It explores the limitations of online correction on TRACES and suggests alternative solutions. These include adjusting the TDS payment in future months, re-paying the TCS if permissible, or requesting a correction from the Assessing Officer (AO).

Write e-mail to Traces
No.It can't be done..

You may adjust the 194C in the coming months or to the existing contractors and pay the TCS again if it is permissible.

Else request the AO for correction

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register