TDS Correction
Done-for-you by Company Mitra's qualified experts — 100% online, transparent pricing, no running around.
- 3 to 7 working days
- 100% Online
- Qualified Experts
- Secure Payment
What you get
- Filed correction statement acknowledgement
- Default resolution status on TRACES
- Updated TDS or TCS certificates
Documents required
Keep these ready — scanned copies or clear phone photos are fine.
- TAN and TRACES login (Company) – Mandatory
- Original return token number (Company) – Mandatory
- Default notice or justification report (Company) – Optional
- Correct PAN or challan details (Company) – Mandatory
- DSC of authorised person (Authorised signatory) – Optional
How it works
3 to 7 working days after data; processing by TRACES may take 7 to 15 days
- 1Share details
- 2Send default notice or error details
- 3Analysis
- 4We download TRACES files and identify defaults
- 5Correction
- 6We prepare and file the correction statement
- 7Payment
- 8You pay interest or fee if needed
- 9Closure
- 10We confirm defaults are cleared and share updated certificates
About TDS Correction
Overview
Mistakes in filed TDS or TCS returns, such as wrong PAN, challan mismatch, short deduction or missing entries, lead to default notices on TRACES and loss of credit for your employees, vendors or customers. These are fixed by filing a correction statement.
The process involves downloading the justification report and consolidated file from TRACES, correcting the errors, paying any interest or fee and filing the correction through the official utility. Correction statements now have a time limit, so old errors should be fixed promptly.
Company Mitra identifies every default, prepares and files the correction, confirms that defaults are cleared and shares updated certificates. The fee is per correction statement.
Correcting defaults quickly also protects your deductees, who need accurate credit to file their own returns and claim refunds.
Who needs it
- Deductors with PAN errors in filed TDS or TCS returns
- Deductors with challan mismatch or short payment defaults
- Deductors who missed adding deductees or payments
- Employers whose staff cannot see TDS credit in Form 26AS
What's included
Included:
- Download of justification report and consolidated file from TRACES
- Identification of defaults and errors
- Preparation of correction statement (PAN, challan, deductee or amount correction)
- Validation through FVU and filing of correction
- Payment of interest or fee where required
- Revised TDS or TCS certificates after processing
Not included:
- Short deduction amount, interest and late fee
- Original quarterly return filing
- Rectification of income tax demand
Ready to get started?
Place your order in 2 minutes — our expert takes it from there.
Frequently asked questions
When is a TDS correction needed?
When there are PAN errors, challan mismatches, missing deductees or wrong amounts in a filed TDS or TCS return.
Is there a time limit?
A correction statement can be filed within the time allowed under the law, which was restricted to 6 years from the end of the financial year of the original statement.
Will my deductee see the corrected credit?
Yes. After TRACES processes the correction, the credit reflects in the deductee's Form 26AS or annual statement.
Is there a fee to the government?
No fee for filing, but interest or late fee due on defaults must be paid.
Compliances after this
- Pay any interest or fee demanded on TRACES
- Issue updated certificates to deductees
- Verify PAN before every quarterly filing
Penalty for delay / non-compliance
Uncorrected defaults result in demands for short deduction, interest at 1 percent or 1.5 percent per month and late fee of ₹200 per day (earlier section 234E). Incorrect information can attract penalty of ₹10,000 to ₹1,00,000 (earlier section 271H).
