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Related TopicsTDS Income Tax Department challan correction Tax Year 2026-27 Income Tax Act, 1961 Income Tax Act, 2025

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Taxpayers Must Correct TDS Challans on Old TRACES Portal for Tax Year 2026-27

Business·2d agoAI summary

Taxpayers Must Correct TDS Challans on Old TRACES Portal for Tax Year 2026-27

Taxpayers must use the old TRACES portal to correct TDS challans mistakenly filed under FY 2025-26 for Tax Year 2026-27. The new portal lacks this functionality. Failure to correct will prevent TDS credit and increase tax liability.