TRACES (TDS Reconciliation Analysis and Correction Enabling System)
Question and Answer Of Online Correction
Question and Answer Of Online Correction
Question (1) : What is Online Correction?
Answer : TRACES has provided the functionality of "Online Correction" where deductor can perform correction of TDS/TCS statements online.Following are the various facilities available through online correction: • View default summary
• Rectifying challan mismatch cases
• Addition of new challan to the statement
• Pay 220/interest/levy
• Add or Delete Salary Detail
• Rectifying statement challan information
• PAN Correction
• Correction in Personal Information
• Add/Modify deductee detail
• Movement of deductee rows
Question (2) : How to apply for Online Correction?
Answer : Login into TRACES as a deductor and raise the request for online correction under 'Default' Menu. For more information please refer E-tutorials.
Question (3) : I have filed a paper return, and want to make online correction through TRACES. How should I proceed ?
Answer : Online correction functionality on TRACES will not be available in case of paper return .
Question (4) : What will the deductor do if the request for correction is rejected by TDSCPC?
Answer : Deductor has to check the rejection reason by selecting 'Track Correction Request under 'Default' from main menu. Then select the request number and click on hyperlink 'Rejected' under the heading 'Status'. Once the user takes the necessary action on resolution of rejection reason, he can resubmit the online correction request through TRACES.
Question (5) : Is it necessary for a sub-user to submit online Correction ?
Answer : Yes, after making the online correction, sub- user will submit the corrections to admin user for final submission to TDSCPC. Sub-user will not be able to proceed further without the intervention of Admin User.
Question (6) : I have received the demand for late fee and paid the same, now how can I file online correction for the same through TRACES ?
Answer : Login into TRACES, under 'Defaults' raised the request for online correction. Once request number is generated and request status is in available status, user can make the online correction by choosing the option 'Pay late fee/ 220/ interest'. For more detail refer e-tutorial.
Question (7) : My Digital Signature Certificate (DSC) is already registered on TRACES. However, when I am trying to submit online correction, system does not allow me to proceed. What is the reason ?
Answer : You need to clear the cookies and reload the website. If issue still persists check the browser being used. Internet Explorer 7,8 or 9, Google Chrome and Mozilla Firefox 17 & above are compatible browser for TRACES.
Question (8) : What all information can be changed in Personal Online Correction option ?
Answer : By choosing 'personal information' option from 'Type of correction' drop down online correction option, you can edit communication detail of TAN as per statement and name & communication detail of authorised person as per statement.
Question (9) : Can I cancel the online correction request ?
Answer : Yes, before submitting the correction for processing, you can cancel the request under 'correction ready for submission' where you will get an option to 'cancel statement'. By clicking on this, correction will not be submitted to TDSCPC and will be cancelled.
Question (10) : Can I submit multiple corrections with one request number ?
Answer : Yes, you can do multiple corrections with one request number for the statement pertaining to same financial year, quarter and form type.
Question (11) : Can Deductor do online correction for TCS ?
Answer : Yes, deductor can file online correction for both TDS and TCS.
Question (12) : Can salary details in annexure 2 be edited through online correction ?
Answer : User can update only PAN of the employee in annexure 2. For correction in other fields, user can delete the existing deductee row and/or add new deductee row .
Question (13) : Can Deductor change the category of Deductor through Online Correction ?
Answer : No, deductor cannot change the "category of deductor" through online correction.
Question (14) : What are the methods for filing Correction Statement?
Answer : Statement can be corrected in following ways: • Online Correction on TRACES • Offline Correction on TRACES • Correction can be done through www.tin-nsdl.com
Question (15) : How many times can I file a Correction Statement?
Answer : Statement canA correction statement can be filed multiple times whereas a regular TDS/TCS statement will be filed only once.
Question (16) : How many times can I update PAN of a deductee/transacting party?
Answer : Only once structurally valid PAN of a deductee in the regular statement can be updated to another structurally valid PAN . However, Invalid PAN in the regular statement can be updated with structurally valid PAN but cannot be updated with another invalid PAN
Question (17) : Can I file Correction Statement if I have quoted wrong �Section code� in TDS\TCS statement?
Answer : Yes, Deductor can correct the section code if mentioned wrong in statement.
Question (18) : Can I file my Correction Statement without FVU validation?
Answer : If you choose the option for making correction through www.tin-nsdl.com, in such case you have to go through the validation process. However this is not required in case you choose option the online/ offline correction on TRACES.
Question (19) : What if my correction statement get rejected at TDS-CPC?
Answer : Deductor can file correction once again for the same as there is no restriction for filling correction.
Question (20) : Is it mandatory to mention original statement token number while filing of correction?
Answer : Yes, while filing a correction statement, it is mandatory to quote token number of original statement and token number of Original and previous correction statement in case of correction has been filed earlier.
Question (21) : Can I make the correction in assessment year of a regular TDS/TCS statement ?
Answer : No, few fields like TAN, Form type, Financial Year, Assessment Year which are quoted in a regular statement cannot be edited.
Question (22) : PAN was not available at the time of filing a statement and I have deducted 20%. I have filed the statement on time , Now I have received the PAN, what should I do ?
Answer : You can update the deductee details i.e. PAN updation by filing a correction statement
Question (23) : I have submitted the statement after deducting 20% for which I have not received the PAN. After that I have received the PAN and submitted the correction for the same. Now How can taxpayer/deductor adjust the additional amount deducted ?
Answer : Deductor can adjust the additional amount in further tax deduction for same financial year only for the sec 194A Or Tax payer will claim the same amount from ITRCPC.
Question (24) :What is the procedure to add challan in a statement ?
Answer : You can add challan in a statement by using the functionality Online Correction on TRACES. Please refer the e-tutorial for more information
Question (25) : Is DSC is mandatory for adding challan to a statement ?
Answer : No, DSC is not mandatory for adding challan to a statement.
Question (26) : Can partially consumed challan be added in a statement ?
Answer : Yes. Partially consumed challan can be added in a statement.
Best Regards,
