What is the last date for Tds correction statement?
How many times Tds correction is allowed ?
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Quick Summary
There is no specific last date or limit on the number of times a TDS correction statement can be filed. You can make corrections as needed, even for older financial years. The process for correcting Form 26QB, particularly the date of payment, involves logging into TRACES as a taxpayer and using the '26QB Correction' option.
As there is a provision u/s 139(5) for expiry period of filling income tax return and on another side there is no provision for expiry period of filling revise/corrected TDS return, creates the problem for deductee facing income escape assessment & concealment penalty