Taxpayers must correct TDS challans for Tax Year 2026-27 on the old TRACES portal. This is crucial if the challan was ...
Ahmedabad: According to the new TDS-TCS correction rules, taxpayers can file correction statements for six years from the financial year in which the original statement was due. The deadline for ...
TDS challan correction: The issue has emerged as many deductors are filing TDS for Tax Year 2026-27 (FY 2026-27) but accidentally selecting FY 2025-26 under the old Income Tax Act, 1961.
The Income Tax Department has issued an advisory stating that correction statements for TDS and TCS can only be filed for Q4 of FY 2018-19 up to Q3 of FY 2023-24 until March 31, 2026. This means if ...
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