How to file revised TDS return ?

How to file revised TDS return ?

TDS mean tax deducted at source it is  deducted at the time of income earned. The government is able to generate revenues by implementing the provisions of TDS on the earnings of individuals as well as businesses. Rules and regulations regarding TDS are controlled and governed under the Income Tax Act, 1961 .A TDS Return is a summary of all the transactions related to TDS made during a quarter. TDS Return is a quarterly statement submitted by the deductor to the Income Tax Department. The statement shows a summary of all the entries for TDS collected by the deductor and the TDS paid by the deductor to the Income Tax Authority.

When any error or mistake occurred in TDS return filed it need to correct it. A fresh TDS return is easy to file but revised TDS return is difficult to file because there is lot of procedure to collect information that is need to file revised TDS return.

If there is normal error like

PAN error,  section error etc

Login on trace TDS

Click here

enter user id and password

click on statement/payment menu

select request for conso file

select financial year

select quarter

validation part will open

enter token no( TDS return file No. for relevant quarter of relevant year )

Enter BSR code

enter  date of challan payment

enter challan no.

 

enter challan amount

enter three PAN no with  Maximum TDS amount in a maximum TDS amount in a challan for relevant quarter of relevant year

Example

There is three challan

1.Rs.10,000

2.Rs.4,000

3 Rs.8,000

you should take challan Rs,10,000

Choose there PAN with maximum TDS  amount

example

PAN with TDS

1. 2500

2. 1000

3.5000

4.850

5.650

Select

PAN 3 Rs.5000

PAN 1 Rs.2500

PAN 2 1000

click on proceed button

after successfully

You should click on download Manu

Click on requested download

if file is available

select it and download

go for correction

file revised TDS return with NSDL

IF there is demand ( need to pay additional amount)

Frist you pay the short deduction amount

after 4 to 7 days you  should check

on NDSL challan status

click here

If challan is available

Login on trace TDS

Click here

enter user iD

password

select defaults menu

request for correction

 

after validation

add that challan

after two or three days

Login on trace TDS

Click here

enter user id and password

click on statement/payment menu

select request for conso file

select financial year

select quarter

validation part will open

enter token no( TDS return file No. for relevant quarter of relevant year )

Enter BSR code

enter  date of challan payment

enter challan no.

enter challan amount

enter three PAN no with  Maximum TDS amount in a maximum TDS amount in a challan for relevant quarter of relevant year

Example

There is three challan

1.Rs.10,000

2.Rs.4,000

3 Rs.8,000

you should take challan Rs,10,000

Choose there PAN with maximum TDS  amount

example

PAN with TDS

1. 2500

2. 1000

3.5000

4.850

5.650

Select

PAN 3 Rs.5000

PAN 1 Rs.2500

PAN 2 1000

click on proceed button

after successfully

You should click on download Manu

Click on requested download

if file is available

select it and download

go for correction

file revised TDS return with  NSDL

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