File TDS Correction Online| Latest Process

This video explains How to pay Late filing fee u/s 234e & how to File TDS Correction Return Online Yourself
mExpert Tips And Tricks To Buy A Property From An NRI ! - • Are you sure of buying...
How to apply for TAN - • How to apply for a New...
Pay TDS - Can use TDS Return (234E) link
TDS return(form 27Q-payment to Non-Resident) - • Payment to Non-Residen...
How to register on Traces Website as Deductor - • Traces Website registr...
How to issue Form 16A - • How to issue Form 16A ...
TDS return U/s 234e (Late Filing) - • File TDS Correction On...
Change Owner(Name/ Mobile) in Property Tax - • No Dues Certificate| C...
Pay Property Tax Online - • New Process | No Dues ...
Buy or Rent a house ? - • Confused? Guaranteed D...
Best REIT in India - • Best REIT in India| Re...
As per section 234E, where a person fails to file the TDS/TCS return on or before the due date prescribed in this regard, then he shall be liable to pay, by way of fee, a sum of Rs. 200 for every day during which the failure continues. The amount of late fees shall not exceed the amount of TDS.
Website Links
eportal.income...
contents.tdscp...
How to pay Section 234E demand ?
The following steps shall help you analyze and pay the demand
Download the Justification Report from TRACES portal to view your latest outstanding demand.
On downloading the Justification Report, pay the above with your relevant Banker or use any other Challan, which has adequate balance available
In case of payment towards late filing fee, please Tag the challan towards the payment, in the “Fee” column” using RPU Ver. 3.8, mentioning appropriate amount in such column and validate to generate the FVU.
Submit the Correction Statement at TIN Facilitation Centre.
The demand can also be paid by using the Online Correction facility.

[@rajivnair8693]

Very clearly showed each and every step to resolve this tedious problem. Anyone could use this video to swiftly file their TDS correction returns. Thanks a lot!!

[@BharatArora5]

Glad it helped and thanks for acknowledging!

[@ajaykajari1105]

Income tax dept has totally confused taxpayers rather than making it SARAL. Thanks man for your such a wonderful guidance.

[@BharatArora5]

Yes it was very confusing so i made this video.. Glad it helped 🙏🏻

[@edwin7350]

I am from Tamilnadu. your video its very useful. clear explanation with simple understanding English. Thanks alot

[@BharatArora5]

Glad it helped 🙏🏻

[@sameervjoshi]

Thanks you saved tonne of my time ... cant belive the IT dept.. making the process so complicated

[@shankartreks4996]

Thanks a Million. Exactly the guidance that I needed. I cannot imagine how much time you spent figuring this out. All that time you saved for me. Your explanation too is very clear. Thanks again

[@vikas.rajappan]

Thank You soo much Bharat, you are saver... simple and elaboratively you explained... All the best

[@gauridhage1397]

If we have to create challan of interest and late fees for AY 2020-21 , then at the time of payment on income tax, which assessment year should be select?

[@thebakingtray068]

Very helpful video. Thank you so much for explaining the procedure so clearly. For such s simple task, the tax professionals would have charged around 300 to 500 to process the transaction.

[@BharatArora5]

Glad it helped .. Thank you for letting me know :)

[@TamilManiNatarajan]

Thanks for the video sir. If possible, please help on how to file TDS correction for short deduction of TDS ? How to challenge the short deduction challan ?

[@tasneemvora8378]

This was really very helpful, thankyou so much for making this video 🤗🙌

[@MathenGeorge]

Awesomely explained, thanks a lot! Subscribed!!

[@BharatArora5]

Glad it was helpful.. Thanks for the appreciation 🙏🏻

[@rekhaprabhu-bp6lx]

sir token number and deduction details of which challan we should put?? the default one or any other??

[@ArchanaDasMamun]

Thank u so much sir ..... really ur vdo is so helpful for me ...... finally my tension is over.....thnx sir.....🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏

[@BharatArora5]

Glad it helped 🙏🏻

[@girishnair12345]

Thanks, man, it saved a lot of my time. Thanks a lot. Keep making such videos

[@BharatArora5]

Thank you for the appreciation and motivation.. Glad it helped 🙏🏻

[@abhijeetroy4882]

What is the last date to pay the late filing fee and submit correction

[@rakshitshah]

Amazing detailed explanation. Thank you so much for taking the pain to make such a detailed video.

[@BharatArora5]

Thank you for acknowledging.. Appreciate it !!

[@krishnauppalapati2843]

can challan paid with minor head 200 under type of payment 195 be adjusted or have we to change minor head to 400 before adjustment

[@b283126]

do you need TAN to pay late fees on TDS on immovable property? I only have PAN

[@Ummat_E_Muhammad_S_A_W]

Hi sir can we pay multiple challan against one late fee demand

[@zishananwar7165]

Sir, please read Section 195 of IT Act 1961. It seems that paying late fee under section 195 other sums is not appropriate. Please verify and update your video. Regards.

[@bunnyajay]

Hi sir..recently I booked a property n had paid entire amount to builder...however just a day before registry builder informed to file tds...obviously it was delayed..The builder gave me refund of 1% but due to 2 months delay, I got notice ...how to solve this tds penalty as it was builder's fault

[@kartikshetty7989]

Wow. Thanks alot. I was having a very hard time because of late fiing levy. Just one question, I had filed 24Q 9 days late. So I paid the late fee of Rs. 1800. Everything is same like your challan except the nature of payment where I have selected 192B. Will this work or is it like for all types of late levy, section 195 needs to be selected ?

[@anmolko7]

Sir I can’t see dashboard option after tds login, can you help how can check total penatly

[@gopakumarpbker]

Good Narration in clear Engish '

[@BharatArora5]

Thank you 🙏🏻

[@nikhatparveen7476]

Sir please make video on overdraft and how to resoly this

[@rakeshpatil1902]

Sir., nice video... I paid late tds by ine year now seller not received credit as AY was old in form16b. Can i correct it in 26qb by changing AY/date if deduction as today

[@abrarkhan-tp7cn]

SO BEAUTIFULLY EXPLAINED ....THANKS SIR MUCH APREACIATED

[@BharatArora5]

Most welcome

[@keshavsahu3037]

DOES FILING CORRECTION STATEMENT ALSO HAVE A FEES OF RS 200 PER DAY

[@vijaykrishnan9182]

Now the website is changed a bit and most of the options for correction, I need someone to help me 😢

[@chiraggarg5202]

Has this method changed again

[@DanishKhan-hc1cc]

sir i made payment under sec 195 , but utility does not show 195 for settle the challan

[@raakeshtiwary]

Very well explained. Quick Qs, though , on the Traces portal do we need to register as Taxpayer or Deductor?

[@BharatArora5]

Please check these out How to apply for TAN - kzbin.info/www/bejne/eGHIY6efhq9rn7c TDS return(form 27Q-payment to Non-Resident) - kzbin.info/www/bejne/o5y0dXlmd9mFh68 How to register on Traces Website as Deductor - kzbin.info/www/bejne/hqmzhZqafpWlrpY How to issue Form 16A - kzbin.info/www/bejne/Y2athGZur5hjpNE

[@Info-Cloud]

Doesn't hold relevant as of date 3 June 2024, the portal is completely changed with a lot of confusing heads. I had to pay via Other section under 400 head.

[@finvestomate]

Hi, I have a query. I paid first installment in Oct 2023, second installment in Dec 2023, and I didn't know about this TDS payment. Now, while filing form 26QB and paying this TDS, should I fill any value in Fee under sec 234E by myself? Or should I wait for the notice to show up to know the exact amount? Looking forward to your reply! Thanks!

[@nandyhsr]

as per your video timeline 11.14,you have mentioned to fill BSR code,date of tax deposited as per from TDS Challan Payment. does that mean is it the last month of filing of that quarter which had default/late fee or late fee TDS challan payment challan no., bsr code. date ? pls. help sir! thanks.

[@sunilbendre123]

Sir, mine is instalment payment as per builder provided schedule. I have recieved a notice mow because of wrong date of payment date. I selected intial booking payment date thats 3 yrs back by mistake. What is the exact date of payment and deduction date to enter? Pls reply

[@SaurabhMauryaAmh]

Hi Sir... for late fee on 24Q return we have to choose code 195 also ?

[@madhur83]

sir, this UI has changed also. can you release new video. thanks.

[@BharatArora5]

People are commenting its still helping them.. are you sure you are referring to the same thing ?

[@robotgaming8]

Thanks sir, this video was really helpful

[@BharatArora5]

Glad it helped 🙏🏻

[@gauravmadan8121]

This was so helpful. Thank you so much.

[@BharatArora5]

You are welcome 🙏🏻

[@smarthambowal]

VERY USEFUL VIDEO AND VOICE IS VERY HUMBLE . THANKS SIR .

[@BharatArora5]

Thank you for the appreciation 🙏🏻

[@NarendraKothariCA]

Thank You very useful video

[@rizztravelstories]

Thank u so mucchhhhhh….helped me to submit my correction..u r a life saviour..thnks a lot sir

[@BharatArora5]

Glad it helped 🙏🏻

[@bijuspune]

Thanks sir, You have explained start to end .

[@BharatArora5]

Welcome 🙏🏻

[@kavyajayakumar8290]

When i give request for justification report download, im asked to fill up details of challan, PRN etc. Is it necessary? Or am i wrong

[@somasundaram5219]

Very helpful. Thanks

[@kumarananthasubramonian7841]

Beautifully presented. Thank You,

[@BharatArora5]

Thank you for the appreciation !!

[@mohammedadnan922]

Very Useful, Thank you, sir.

[@BharatArora5]

You are welcome

[@finvestomate]

great! very helpful. Thank you for sharing the detailed video. More power to you!

[@BharatArora5]

Thank you 🙏🏻 Glad it helped ..

[@DeputyManagerFAJalgaonDivision]

VERY USEFUL

[@BharatArora5]

Glad it helped 🙏🏻

[@Maheshpatil-fz2xt]

Thanks Sir for Detailed Video

[@BharatArora5]

You are welcome !

[@NehaUShahAssociates]

very well explained Sir, Thank you so much

[@alayparanjape1]

Thanks

[@FinanceUnlearn]

Sir, mujhe "Pay Outstanding Demand" ka option nahi dikha rha hai...pehle correction file karna hoga uske baad ye option dikhayega kya? Aur mai PAN se login kr rha not TAN.

[@sugaciniprabakar5281]

Hi sir please let me know how you did it with pan

[@kamilion-q1u]

Thanks 😘😘😘

[@BharatArora5]

You are welcome 🙏🏻

[@SaurabhMauryaAmh]

very useful info..thanks

[@BharatArora5]

Glad it was helpful!

[@Gayatripapne-u3e]

Thanks a lots...….it's really very helpful

[@BharatArora5]

I am glad, it helped 🙏🏻

[@tumpasarkar4684]

Thank you very much sir

[@BharatArora5]

Most welcome

[@NSSPP]

I paid TDS on time in Oct 2022 for purchase on property from NRI. But TDS return got late due to technical glitches on the portal. Got 33,960 rupees demand. How can the demand be reversed? TIA

[@BharatArora5]

What kind of technical glitches ? After how many days did you finally file the return as the amount is quite high ? I doubt system was down for so many days.. Did you email or reach out to ITD for the glitches ?

[@kapi123123123]

Such a complicated procedure? It could have been easily reduced to max of 3 steps, Income Tax Deptt please solve this simple thing

[@Majornerdacc]

Hello sir. I had made the payment for two separate challans, one for TDS and one for late filing fees on the same date. Now when I try to add the challan to the correction statement, only the challan for the TDS payment is visible and the challan for the late filing fee is not available at all. What can I do for this?

[@vijaykrishnan9182]

Same problem, let me know if you found the solution for this

[@deeksha2943]

only useful videos that is showing clearly what needs to be done.

[@BharatArora5]

Glad it helped and thank you for the appreciation!

[@ArchanaDasMamun]

Yes u r absolutely correct

[@ParasMehta-o2d]

I am not getting the above options after selecting epay tax. I need to pay late fee of TDS on property - 234e. So after epay which option should i select after select new payment? pls help

[@sugaciniprabakar5281]

Hi Sir, Where you able to pay the late fee. Even i am not getting the option. Let me know how you did it

[@Mangai]

❤❤❤❤❤

[@saranshbansal8201]

Need one help sir in my intimation addtion to late fee . There is also mention that “The Invalid / No PAN quoted by you in the TDS / TCS statement as tabulated below are required to be corrected:” Can you pls tell me its normal or do i need to give extra info

[@BharatArora5]

I am not sure but maybe file a correction return with correct Pan ?

[@saranshbansal8201]

Sir my tds return processed without any default but still that entry is not showing in form my 26as

[@SaurabhMauryaAmh]

Sir one doubt...If I have to pay late fee u/s 234E for the Q4 of 2022-23 then while making payment in New Payment tab which AY to be selected ? Pls guide

[@BharatArora5]

2023-24 as i have covered this same case in video..

[@ankitvjpr]

this was helpful

[@BharatArora5]

Glad it helped 🙏🏻

[@sandhyavenmelil6909]

Hi sir, as per traces I have Rs.6800/- outstanding demand FY 2022-23. But while I am logged in to my e-file account it shows only the Pay TDS option in pay tax folder. It is not showing the pay oustanding demand option. I hv choosen the AY 2023-24 also. Waiting for your valuable response.

[@BharatArora5]

Are you logged in with your TAN ? Pay outstanding is a standard feature that should be available..

[@sandhyavenmelil6909]

@@BharatArora5 yes sir, Ihv logged in with my TAN

[@BharatArora5]

@sandhyavenmelil6909 can you attach a screenshot of the full page ?

[@abdulazeezparakatta4854]

thanx a lot

[@mohsin_sait]

I also paid late by 12 days this month and was charged additional interest of 500 as well. Why was interest charged for me? Kindly advise. I filed for Q4 27q.

[@BharatArora5]

For me there was a delay in filing the return but it seems for you you paid late by 12 days hence, the interest. You may refer this - incometaxindia.gov.in/tutorials/24.%20int.%20for%20delay%20in%20pymnt%20of%20tds.pdf Below is a extract for your reference. Interest for failure to deduct tax at source/delay in payment of TDS As per section 201, if any person who is liable to deduct tax at source does not deduct it or after so deducting fails to pay, the whole or any part of the tax to the credit of the Government, then, such person, shall be liable to pay simple interest as given below:  Interest shall be levied at 1% for every month or part of a month on the amount of such tax from the date on which such tax was deductible to the date on which such tax was deducted.  Interest shall be levied at 1.5% for every month or part of a month on the amount of such tax from the date on which such tax was deducted to the date on which such tax was actually remitted to the credit of the Government. In other words, interest will be levied at 1% for every month or part of a month for delay in deduction and at 1.5% for every month or part of a month for delay in remittance after deduction.

[@mohsin_sait]

@@BharatArora5 I paid on time and got the challans but only my filing was late by 12 days.

[@BharatArora5]

Did you try to download the justification report ?

[@BharatArora5]

Hope you found the video useful

[@mohsin_sait]

@@BharatArora5 Very useful! Thanks so much!

[@inderjitpaul]

Sir.. I have deposited income tax on 6/2/23, by mistake it was deposited in wrong minor head.. How can I correct it?

[@BharatArora5]

Have you got any query regarding the same ?

[@nischalmehta5234]

UI HAS AGAIN CHANGED ! PLS UPDATE !

[@sivakumar-om3lk]

Thank you sir

[@BharatArora5]

Welcome

[@Dipikamalpani9762]

I have paid excess late fees as a taxpayer not deductor can i claim it back? Please help

[@BharatArora5]

Yes, when you file your IT return, you can claim back any excess TDS paid.. !

[@Dipikamalpani9762]

How??

[@BharatArora5]

Do you file your regular tax return ? In the same you can claim

[@Dipikamalpani9762]

Sir I've deducted TDS on purchase of property that TDS will be shown in 26as of seller of properties so how can I claim it in my itr?

[@BharatArora5]

Have you filed your tds return like in form 27Q ? When you file that, use only the amount of challan that was due on seller.. the remaining u can claim as refunds?

[@SUDIPTASAHA-y3c]

offline process upload korun

[@balashankari8491]

👍

[@BharatArora5]

🙏🏻

[@anoopkiid]

Thanks for your efforts as well however I found this more strait forward - kzbin.info/www/bejne/l6ivnXSKfbyEmpo

[@BharatArora5]

You are welcome.. sure, whatever helps 🙏🏻

[@HeWhoKnows69]

Very Helpful

[@BharatArora5]

Glad it helped 🙏🏻

[@BharatArora5]

Glad it helped 🙏🏻

[@Mangai]

Thank you so much sir

[@jaysoni7509]

Thank you sir

[@BharatArora5]

You are welcome, hope this helped 🙏🏻