Correction/ revision in TDS Return more than once (correction on correction)
How many times can I furnish a correction TDS/TCS statement?
What are the important points to be kept in mind while preparing correction statement more than once on the same regular statement?
The first correction filed by me contains three types of correction (three PRNs) and one of the types of correction has got rejected at the TIN central system. What should I do?
Which provisional receipt number should I quote while preparing correction statement more than once on the same regular statement?
a. Original Provisional receipt number – PRN of the regular statement should be mentioned in this field.
b. Previous Provisional receipt number – PRN of the last accepted correction statement should be mentioned in this field. In case the value in this field is incorrectly mentioned, the statement will get rejected at TIN central system for the reason: “Either Previous Provisional Receipt No. provided is incorrect or combination of Original Provisional Receipt No. and Previous Provisional Receipt No. is not in sequence”
Single batch correction statement – Only one type of correction in the file
a. You have filed a regular statement having PRN 010010200083255 and subsequently filed a single batch correction statement having PRN 010010300074112. While preparing correction statement, you have to mention PRN 010010200083255 in the field original PRN and the PRN 010010300074112 in the field Previous PRN.
Multiple batch correction statement – different types of correction in a single file
b. You have filed a regular statement having PRN 010010200083255 and subsequently filed a multi batch correction statement having three batches and corresponding PRNs as 010010300074112, 010010300074123 and 010010300074134. While preparing the correction statement, you have you have to mention PRN 010010200083255 in the field original PRN and check the status of all the three PRNs of correction statement
How many times can I update PAN of a deductee/transacting party?
When does a statement get ‘Partially Accepted’?
What should I do if the status of correction statement filed by me is ‘Partially accepted’?
What could be the cause of rejection of TDS/TCS statement for the reason “Total Deposit amount of deductees is more than Challan amount actually deposited in bank”?
The total tax deposited amount as per challan should be greater than or equal to the total tax deposited amount as per deductee details, else a regular TDS/TCS statement will not get validated through FVU.
If you file a correction statement for adding deductee records under a particular challan, the total tax deposited as per challan in regular statement should be greater than or equal to the total tax deposited in deductee details as per regular as well as correction statement.
Note: Amount in the fields Interest and others in the challan is not considered in the total tax deposited as per challan.