TDS/TCS Correction Statement

 

TAN/TDS > TDS/TCS Statement > Correction Statement

Returns/statements relating to TDS/ TCS should be complete and correct. However, Income Tax Department has provided a procedure for correction of any mistake in the original returns/statements by submitting 'correction returns/statements'.

  1. To prepare correction statement, first download Consolidated TDS/TCS file after login at TRACES login at https://contents.tdscpc.gov.in//
  2. Import consolidated TDS/TCS file and Prepare the Correction statement as per the applicable Category;
  3. Furnish only those records which require Corrections;
  4. Fill provisional receipt number of regular and previous correction statements
  5. After preparation of correction statement, the same is to be validated through File Validation Utility (FVU).
  6. Furnish validated (.fvu) correction statement with a TIN-FC or directly through Protean (formerly NSDL eGov) ( https://tinpan.proteantech.in/).

Go to https://www.tdscpc.gov.in/app/login.xhtml for more details