Worrying
how to change PAN number in TDS return online? There are instances in which a simple error—like choosing the incorrect assessment year or entering the incorrect PAN or TAN—can result in large consequences. For the deductee, this may also result in no tax credit.
You can submit TDS adjustments in TRACES both online and offline using the government portal.
Let me share the steps with you.
The first step towards how to correct PAN in TDS return, is to go to the TRACES (TDS Reconciliation Analysis and Correction Enabling System) website. Log in to your account using your User ID, Password, and TAN (Tax Deduction and Collection Account Number.
After logging in, select the "Request for Correction" option under the "Defaults" tab. Choose the relevant correction category based on the PAN correction required. For PAN correction, you should select "Correction in PAN Data".
Fill in the necessary details such as the Financial Year, Quarter, Form Type (like Form 26Q for TDS on salaries, Form 24Q for TDS on other than salaries, etc.), and the correction details including the correct PAN.
After filling in all the required details, submit the correction request. The request will be processed by the Income Tax Department.
It may take some time for the correction to reflect in the TDS return. You can track the status of your request on the TRACES website. This is
how to correct PAN in TDS return online
.
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Hey,
Below is the process that allows the deductor to PAN correction in TDS return:
Login to TRACES website
Under the “Defaults“ section, tap on “Request for correction” and fill in relevant info like the Latest Accepted Token Number, Form Type, Financial Year, and Quarter. Make sure the correction category is “Online”. After that, the request number will be generated.
You will find the request under “ Track Correction Request”
When the request status becomes “Available”, tap on the “Available/In progress” status to make the required correction.
Enter the details of a Valid KYC
Choose the “Challan Correction” correction category from the drop-down menu
Make the necessary corrections in the chosen file
Tap on “Submit for Processing” for submitting your correction (Only Available to Admin User)
After that, you will receive a 15-digit token number on your registered e-mail ID
Please note: Digital Signature Certificate needs to be registered on TRACES before making this correction but the regular statements need to be processed from TRACES.
This function is available from Financial Year 2007-2008 onwards. In the case of 24Q Annexure-II, PAN correction is available from Financial Year 2013-2014 onwards
I hope you like my answer on how to PAN correction in TDS return.
Read more:
How to check filed TDS return in traces ?
How to revise TDS return online on traces ?
How to register in TRACES as taxpayer?
How to generate form 16 from TRACES?
How to download Form 16B from traces?
How to download TDS return acknowledgement from traces?
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How can I make PAN correction in TDS return online?
BALAKRISHNA
3016Views
2 Year
2022-01-31T11:38:43+00:00 2022-02-02T13:23:35+00:00Comment
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