While doing correction for 24Q in traces portal I bimistakely clicked - Reason for non-deduction/ lower deduction /higher deduction: C option and submitted for correction. Now I want to do the correction and it is not allowing me to change the taxable value and the TDS amount.
Is there any resolution for this?
If you've mistakenly selected option C (Higher deduction) under Reason for non-deduction/lower deduction/higher deduction in the correction statement for 24Q on the TRACES portal, and now you're unable to edit the taxable value and TDS amount, you can try the following steps:
- *Re-upload Correction Statement*: Try re-uploading the correction statement with the correct details, ensuring you select the appropriate reason for correction. -
*Contact the TRACES Helpdesk*: Reach out to the TRACES helpdesk for assistance. They may be able to guide you through the process or provide a solution to rectify the issue. -
They can help you navigate the issue and provide personalized guidance
It's essential to ensure accurate correction statements to avoid any potential issues or penalties.
Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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