REVISE FORM 26QB
HOW TO REVISE FORM 26QB (TDS ON SALE OF PROPERTY)?
If you made an error while filing Form 26QB, you can request a correction through TRACES. Follow the steps below to revise your Form 26QB:
1. Check if Form 26QB Correction is Required
Common errors that need correction:
✔ Incorrect PAN of Buyer/Seller
✔ Wrong Property Details (Address, Sale Value, etc.)
✔ Incorrect TDS Amount
✔ Mistaken Date of Agreement/Payment
2. Steps to Revise Form 26QB
-Register on TRACES Portal (If Not Registered)
Go to [https://www.tdscpc.gov.in]
Click on "Register as New User" → "Taxpayer"
Enter PAN of Buyer, DOB, and Form 26QB details
Submit & Activate your account via OTP
-Request for Form 26QB Correction
Login to TRACES Portal
Go to “Statements/Forms” → Click on "Request for Correction"
Enter Acknowledgment Number (from the original Form 26QB filing)
Select the details you want to correct (PAN, Property Details, TDS Amount, etc.)
Upload supporting documents (e.g., Sale Agreement, PAN Card copy if correcting PAN)
Click "Submit"
Step 3: Verification & Approval
- If you correct PAN details, approval from the Assessing Officer (AO) is required.
- For other changes, online correction is processed automatically.
Processing Time: Usually 7-10 working days
3. Check Status of Correction Request
Login to TRACES
Go to "Statements/Forms" → "Track Correction Request"
Enter Request Number → Click "View Status"
✔ If Approved → Download the revised acknowledgment
❌ If Rejected → Check the reason & submit a fresh request
4. Download Corrected Form 16B (TDS Certificate)
Once the correction is processed:
Login to TRACES
Go to "Downloads" → "Form 16B (for Buyer)"
Request & download the revised Form 16B
Provide the updated Form 16B to the Seller
Important Notes
Correction via TRACES is FREE
Correction can be done ONLY ONCE, so enter details carefully
If the payment amount is incorrect, refund requests need to be filed separately
