Problem in tds return correction
This query is : Resolved
05 November 2015
i forget to pay tds for one employee tds in Q1 of 2015-16. now i paid the same in nov. 2015. now i having a problem to revise Q1 return. how can i revise tds Q1 return & add challan to statement
05 November 2015
Now addition of challans seems not happening through the software. You need to add the challan in the tds portal and then mention the deduction details
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05 November 2015
on tds portal when i try to add challan, New challan deposited on 02/11/2015 is not showing there for adding them.
10 August 2024
To correct a TDS return and add a missed challan for a previous quarter, especially when dealing with the situation where the challan is not showing up on the TDS portal, follow these steps:
### Steps to Revise the TDS Return and Add Challan
1. **Verify Challan Payment:**
- **Confirm Payment**: Ensure that the TDS payment was made correctly and that the challan details (including the challan number, date, and amount) are accurate.
- **Check with Bank**: Verify with your bank or payment gateway that the payment was processed and successfully credited to the government account.
2. **Download and Review the Original Return:**
- **Original Return**: Download the original TDS return for the relevant quarter (Q1 of FY 2015-16) from the TDS portal for review.
- **Identify Errors**: Identify where the missing TDS was supposed to be reported.
3. **Prepare to Revise the TDS Return:**
- **Revision Form**: Open the TDS return utility (usually in Excel or .txt format) and prepare to revise the return.
- **Correction Utility**: Use the appropriate TDS correction utility provided by the Income Tax Department for the relevant financial year and quarter. The utility is often available for download on the [TDS Reconciliation Analysis and Correction Enabling System (TRACES)](https://www.tdscpc.gov.in/) portal.
4. **Add the Missing Challan:**
- **Challan Details**: Enter the details of the missed challan in the revised return. Ensure that the challan is correctly reflected in the "Challan Details" section.
- **Adjust TDS Amounts**: Update the TDS amount for the relevant employee and ensure that the total TDS and challan amounts match correctly.
5. **Upload the Revised Return:**
- **Generate File**: Generate the revised TDS file after making necessary corrections.
- **Upload to Portal**: Upload the revised TDS return file to the TDS portal. Make sure to select the “Revised Return” option and provide the reason for revision.
6. **Troubleshooting Challan Not Showing:**
- **Portal Delay**: Sometimes, challans may take time to reflect on the TDS portal. If the challan is recent, check back after some time or the next day.
- **Manual Entry**: If the challan is still not showing, try contacting the TDS CPC (Central Processing Cell) for assistance. Provide details of the challan and payment for further resolution.
- **Bank Details**: Ensure the challan details (such as BSR code, challan number, and date) are entered correctly and correspond to the actual payment.
7. **Confirmation and Acknowledgment:**
- **Acknowledgment**: After successfully uploading the revised return, ensure that you receive an acknowledgment from the TDS portal.
- **Verify Filing**: Cross-check the revised return to confirm that the corrections and additions have been properly reflected.
### Additional Tips
- **Consult TDS Guidelines**: Refer to the [TDS Guidelines](https://www.incometax.gov.in/iec/foportal/) provided by the Income Tax Department for detailed instructions on handling such corrections.
- **Seek Professional Help**: If you encounter persistent issues or are unsure about the process, consult a tax professional or chartered accountant for assistance.
- **Documentation**: Keep all related documents, including challan receipts, bank statements, and correspondence with the TDS CPC, for your records.
By following these steps, you should be able to revise the TDS return for Q1 FY 2015-16 and add the missing challan successfully.
### Steps to Revise the TDS Return and Add Challan
1. **Verify Challan Payment:**
- **Confirm Payment**: Ensure that the TDS payment was made correctly and that the challan details (including the challan number, date, and amount) are accurate.
- **Check with Bank**: Verify with your bank or payment gateway that the payment was processed and successfully credited to the government account.
2. **Download and Review the Original Return:**
- **Original Return**: Download the original TDS return for the relevant quarter (Q1 of FY 2015-16) from the TDS portal for review.
- **Identify Errors**: Identify where the missing TDS was supposed to be reported.
3. **Prepare to Revise the TDS Return:**
- **Revision Form**: Open the TDS return utility (usually in Excel or .txt format) and prepare to revise the return.
- **Correction Utility**: Use the appropriate TDS correction utility provided by the Income Tax Department for the relevant financial year and quarter. The utility is often available for download on the [TDS Reconciliation Analysis and Correction Enabling System (TRACES)](https://www.tdscpc.gov.in/) portal.
4. **Add the Missing Challan:**
- **Challan Details**: Enter the details of the missed challan in the revised return. Ensure that the challan is correctly reflected in the "Challan Details" section.
- **Adjust TDS Amounts**: Update the TDS amount for the relevant employee and ensure that the total TDS and challan amounts match correctly.
5. **Upload the Revised Return:**
- **Generate File**: Generate the revised TDS file after making necessary corrections.
- **Upload to Portal**: Upload the revised TDS return file to the TDS portal. Make sure to select the “Revised Return” option and provide the reason for revision.
6. **Troubleshooting Challan Not Showing:**
- **Portal Delay**: Sometimes, challans may take time to reflect on the TDS portal. If the challan is recent, check back after some time or the next day.
- **Manual Entry**: If the challan is still not showing, try contacting the TDS CPC (Central Processing Cell) for assistance. Provide details of the challan and payment for further resolution.
- **Bank Details**: Ensure the challan details (such as BSR code, challan number, and date) are entered correctly and correspond to the actual payment.
7. **Confirmation and Acknowledgment:**
- **Acknowledgment**: After successfully uploading the revised return, ensure that you receive an acknowledgment from the TDS portal.
- **Verify Filing**: Cross-check the revised return to confirm that the corrections and additions have been properly reflected.
### Additional Tips
- **Consult TDS Guidelines**: Refer to the [TDS Guidelines](https://www.incometax.gov.in/iec/foportal/) provided by the Income Tax Department for detailed instructions on handling such corrections.
- **Seek Professional Help**: If you encounter persistent issues or are unsure about the process, consult a tax professional or chartered accountant for assistance.
- **Documentation**: Keep all related documents, including challan receipts, bank statements, and correspondence with the TDS CPC, for your records.
By following these steps, you should be able to revise the TDS return for Q1 FY 2015-16 and add the missing challan successfully.
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