How can I revise TDS return through traces?

Request for conso file from Traces Portal

  1. Login to traces.
  2. After login you can see various tabs on the Home Screen.
  3. Go to Statements/Payment tab, Go to request for conso file.
  4. After which you have to select the Financial Year, Quarter, & Form for which the return is to be revised.

Can we revise the TDS return?

To revise your TDS returns, you will need to have the consolidated file and justification report. The consolidated file, also known as conso file, contains data of the deductions made in a particular quarter and the justification report has information on the errors in the filed TDS return.

How many times can TDS return be revised?

When you receive your Tax Deducted at Source (TDS) statement, it is important that you go through it very properly. If there are any errors or changes, you have the option of putting the same up for alterations. There is no limit to it.

How can I correction my TDS return offline?

Login to TRACES website with user ID, password and TAN. Under defaults, choose ‘Request for correction’ Enter relevant Financial Year, Quarter, Form Type whether, Latest Accepted Token number. Correction category should be “Online” and click on ‘Submit’

Can we add Challan in revised TDS return?

Yes. It is possible to add challan to filed e-TDS Return. For corrections in PAN master, personal information, deductee details, and challan details, there is no need to request for Conso file (file correction statement).

How can I file TDS correction?

Please find below steps to file corrections:

  1. Make a request for Conso File and download the same from Clear TDS.
  2. Open the . zip file which contains the Conso File.
  3. Import your Consolidated File to prepare correction statement.
  4. Make any modifications necessary.

What is the last date for filing TDS return?

TDS payment due dates

Month of Deduction Quarter ending Due Date for filing of Return for the financial year 2020-21 for all the deductors
March 31st March 31st May 2021

How many days it will take to get TDS refund?

Generally, it takes 30-45 days from the date of e-verification of your Income Tax Return to get your refund credited.

What is TDS correction?

The deductor of taxes is further required to furnish a statement of TDS for a given TAN, form, financial year and quarter. The changes or updates made to the original statement are known as a correction statement.

How do I claim unclaimed TDS challan?

How to claim ‘unclaimed TDS (Other than Salary)’

  1. Browse to Taxes Paid >> TDS Tax.
  2. Click on Add New button.
  3. Fill up the necessary details. You may refer your 26AS or Form-16A given by the deductor. Click Next to Save details.

Can we file revised TDS return online?

Online changes can be done only in the PAN and challan. For any other revision in the return, one needs to make changes through TIN-FC. Only those TDS returns can be revised, the statements for which is issued after the fiscal year 2007-08.

What is the last date for TDS payment for March 2020?

How to revise TDs return online, step by step?

Login to the TRACES website. Under the “Defaults” tab select the “Track correction request”. Enter the Request number and the period for which the request has been made. Click “view request” to access the request or “View all” to view all the request. View the status of the Revised TDS Return filing request.

When do I need to file TDs return with NSDL?

TDS Return is needed to be filed with NSDL by the deductor at regular intervals. But, what if you notice a mistake or missed any information in your already submitted return form?

Can you cancel a TDs with an incorrect Tan?

Cancel accepted statement. This type of correction is known as Y. Cancellation of Regular TDS/TCS can be done only if the TAN of the deductor is being revised. When you cancel the regular statement with incorrect TAN, it is necessary to file a new regular TDS/TCS statement with the correct TAN.

What to do if you make mistake in ETDS form?

If you find any mistake in filling of the eTDS or want to make any modifications like changing the name, address, challan serial no., BSR code, challan tender date, etc, you can correct your form in simple steps. However, before going through the steps, there is something you should know: Update deductor details such as Name, Address of Deductor.