Hello. When I click Edit button of Form 26QB correction form, a pop-up message says: “Registered DSC is not updated.”
So I cannot proceed. But my DSC shows as registered under the Signature sub-tab of the Profile tab. My DSC is valid for one more year. My token in plugged into my laptop. This is my first time doing a correction. Even minor non-critical fields cannot be edited. Same pop-up message. What should I do?
Thanks.
Hey @Sai ,
You could connect with the TRACES helpline to help you with this issue.
Hi @Sakshi_Jain ,
Recently I have purchase a flat in greater Noida and at the time of flat payment seller pancard is not link but it’s linked before TDS payment and I have paid 1% TDS.
And now getting challan for invalid pancard.
Could you please suggest the solution for this
Hey @Akshit1
Are you receiving a challan indicating an invalid PAN, or is it related to TDS being deducted at a higher rate? Could you please clarify the exact issue?
Hi @Ayushi_Joshi ,
Thanks for your response.
I received a challan that need to pay 19% more amount due to invalid pancard.
Hello @Akshit1
The Income Tax Department verifies the PAN linkage status based on the Date of Payment and Date of Deduction. If the PAN is not linked on that date, TDS will be deducted at a higher rate of 20%.
Additionally, once the PAN is linked, it may take up to 7 days for the update to reflect on the Income Tax portal.
Hope this helps!
Hi @Swapnil_Agarwal ,
Thankyou for the information.
Can we enter the date on which DD amount credit to seller account?
Because amount credit to seller account after pan and aadhar link.
Thanks!
Akshit
Hello @Akshit1
If you make any corrections to the Date of Payment in the 26QB form, it will require approval from the Assessing Officer (AO). You will need to physically submit all supporting documents related to the property transaction, and only then can the correction be processed.
Yes, you can enter the date when the Demand Draft (DD) amount was credited to the seller’s account, provided it aligns with the actual transaction date. Ensure that the PAN and Aadhaar were linked before this date to maintain compliance. It’s advisable to keep supporting documentation, such as bank statements or transaction receipts, for verification.
Facing a TDS correction issue with DSC (Digital Signature Certificate) usually occurs due to expired certificates, mismatch in PAN/TAN details, or browser/Java settings errors. Ensure your DSC is valid, correctly registered on the TRACES portal, and your system meets all technical requirements to complete the correction smoothly.