TDS Corrections Submitting - Important Points To Consider

Following are some useful information to adhere before submitting Corrections, with special reference to C3 & C9:

C3 Correction -  Updation or Addition of Deductee details in the TDS statement.

Delete option: The facility to delete Deductee records has now been discontinued for the purpose of correct reporting and is no longer permissible in the TDS statements.

Accordingly, the delete option available under “Updation mode for Deductee” has been removed from RPU 3.8. 

C9 Correction - Revision of TDS Statement by way of Adding a new Challan and underlying Deductees is referred as C9 Correction.

Important points to follow while submitting Corrections: ·

1. Correct and Complete Reporting: All the valid particulars like TAN of the deductor, Category (Government / Non-Government of the deductor, PAN of the deductees and other particulars of deduction of tax) in the TDS statement should be correctly reported.
2. New deductee rows and chalans: New deductee rows and challans addition is not encouraged by CPC (TDS).  Kindly ensure that complete data is reported in the first instance, while quarterly TDS Statement is submitted.
3. Valid PAN: Before quoting in the correction statement, please ensure that the PAN and name of fresh deductees from TRACES are validated.
4. Download PAN Master from TRACES and use the same to file new statement to avoid quoting of incorrect and invalid PAN · TDS statement cannot be filed without quoting any valid challan and deductee row ·
5. Valid Chalan: Quote correct and valid lower rate TDS certificate in TDS statement wherever the TDS has been deducted at lower / zero rate on the basis of certificate issued by the Assessing Officer ·
6. Download the Justification Report to know the details of TDS defaults, if any, on processing of TDS statements and submit corrections accordingly ·
7. File correction statements promptly in case of incomplete and incorrect reporting