To revise TDS (Tax Deducted at Source) returns in India, you can follow these steps:
Online Procedure:
Access the TRACES Portal:
- Visit the TRACES (TDS Reconciliation Analysis and Correction Enabling System) website at https://www.tdscpc.gov.in/.
Login to TRACES:
- Log in to your TRACES account using the credentials provided during registration.
Go to “Defaults” > “Request for Correction”:
- Navigate to the “Defaults” tab and select “Request for Correction.”
Select the Appropriate Correction Type:
- Choose the correction type based on the type of error you need to rectify. Options include “Challan Correction,” “PAN Correction,” “Name Correction,” etc.
Fill in the Required Details:
- Enter the required details related to the correction you want to make. Provide correct details in place of incorrect ones.
Upload Supporting Documents:
- Upload supporting documents as required for the correction.
Submit the Correction Request:
- After filling in the details, submit the correction request.
Download the Justification Report:
- Download the Justification Report from the TRACES portal. This report contains details of the corrections and the status of the correction request.
Note:
The TRACES portal is the official platform for TDS correction requests.
Ensure that you have the latest version of the File Validation Utility (FVU) for the correction.
The correction process may involve various forms depending on the type of correction needed, such as Form 24Q for salary TDS, Form 26Q for non-salary TDS, etc.
It’s advisable to consult with a tax professional if you encounter difficulties or have specific questions about the correction process.