FAQs
Categories
Sub-Categories
- (Q1.)What is Online Correction?
- TRACES has provided the functionality of "Online Correction" where deductor can perform correction of TDS/TCS statements online through TRACES. Deductor is required to Login to TRACES website then click on "Request For Correction" option available under 'Defaults' menu.
- 1. Challan Correction (for Unmatched Challan, Overbooked Challan Edit Deductee Row in case of Unmatched Challan)
- 2. Addition of new Challan to the Statement.
- 3. Pay 220I /Late Payment/Late Deduction/ Interest/Levy
- 4. Add or Delete Salary Details-Annexure-II
- 5. PAN Correction.
- 6. Personal information Correction
- 7. Add/Modify Deductee detail
- 8. Add/Delete Pension details- Annexure-III
- Yes, after making the online correction, sub- user will submit the corrections to admin user for final submission to TDSCPC.
- Yes, Online Correction can be cancelled if requested status is 'Available', 'In Progress' and it can be cancelled under 'Correction ready for Submission' page by clicking on 'Cancel Statement' option.
- Yes, Deductor can do online correction for TCS statements.
- Yes, multiple corrections with one request number for the statement pertaining same financial year, quarter and form type can be submitted.
- Deductor can get the Token Number from consolidated file, which can be downloaded from TRACES website. Also, to get online correction token number, Deductor has to go to "Track Correction Request" then click on hyperlink available under the column of "New Token Number" then token number will Popup.
- Deductor can check rejection reason in 'Remarks' column under 'Track Correction Request' option available in the "Defaults" menu. Deductor can resubmit the online correction request through TRACES website.
- Online correction functionality on TRACES will not be available in case of paper return.
- Guidelines for doing online correction are mentioned below:
- Yes, you (deductor) can make online correction on the basis of default summary. However, it is advised to download updated "Justification Report" from TRACES website. Justification Report consists detailed information about the defaults/errors identified by the Income Tax Department (ITD) while processing the original/correction statement filed by Deductor for the particular quarter, Financial Year and Form Type.
- Online Correction Request will be processed within 24 to 48 hours.
- After login to TRACES website as a Deductor, select "Track Correction Request" option from the 'Default' menu. Deductor can track the correction request via using three options:
*Request Number
*Date
*View - Deductor can use DSC supported KYC for making online correction request. If DSC is not registered on TRACES, Deductor can contact Jurisdictional Assessing Officer to get the required details.
- Yes, Deductor can file online correction from Financial Year 2007-08 onwards; however deductor has to ensure that the latest correction for the relevant statement should be processed through TDS-CPC.
- Admin User is the one who has created the account on TRACES website.
Sub User- Sub User is created by Admin user; Admin user can create 4 sub users under his account on TRACES.
Following are the types of correction available at TRACES login:
| Type of error or defaults | Correction Type | Available from FY | DSC Required |
|---|---|---|---|
| If Challan is unmatched/ Overbooked | Challan correction | FY 2007-08 ONWARDS | No |
| To add new challan | Add challan to statement | FY 2007-08 ONWARDS | No |
| To clear interest and late fee demand payment | Pay 220,Interest,Levy,Late filing | FY 2007-08 ONWARDS | No |
| To Move Deductee Row | Resolution for overbooked challan (Move deductee row from challan) | FY 2007-08 ONWARDS | No |
| To Update PAN | PAN correction | FY 2007-08 ONWARDS | Yes |
| To add / modify deductee row | Add modify deductee details | FY 2013-14 ONWARDS | Yes |
| To Update personal details | Personal Information | FY 2007-08 ONWARDS | Yes |
| To modify salary details | Add or delete salary details | FY 2013-14 ONWARDS | Yes |
| To Edit Deductee Row in case of unmatched Challan | Challan Correction | F.Y 2013-14 ONWARDS | Yes |
| Add/Delete Pension/Interest of Specified Senior Citizen - Annexure-III | Add/Delete Pension/Interest of Specified Senior Citizen - Annexure-III | F.Y 2021-22 Onwards | Yes |
