Fwd: Alert Notification Message

[SunnyBrooks Manager]

---------- Forwarded message ---------
From: TDS Intimations <intim...@tdscpc.gov.in>
Date: Wed, Feb 25, 2026 at 2:43 AM
Subject: Alert Notification Message
To: <sbram...@gmail.com>

	TDS Reconciliation Analysis and Correction Enabling System
Important: Reduced Time Limit for Filing TDS/TCS Correction Statements
Customer Care: Toll-Free 1800 103 0344 +91 120 4814600 cont...@tdscpc.gov.in Useful Links : TRACES Home TRACES Login Forgot User ID? Forgot Password? e -Tutorials: Register as Deductor Register as Taxpayer Register as PAO Request for Conso File Justification Report Online Correction Download TDS Certificates Digital Signature Online Corrections: With Digital Signature Without Digital Signature Quick Links: e-Tutorials New Forms Tax Rates and Tables TDS on Sale of Property Right To Information TDSCPC Communications Circulars & Notifications FAQs	02/2026 Date of communication : 25/02/2026 Dear Deductor (TAN - XXXXXXXXXX), As per new Income Tax Act, 2025, the time limit for filing TDS/TCS correction statements has been reduced to 2 years. This requires immediate compliance action to avoid penalties and issues for both your organization and your deductees. Key Risks if Delayed: Permanent inability to rectify errors once the time limit is over. Penalty under Section 461[ old section 271H] ranging from Rs. 10,000 to Rs. 1,00,000. Disallowance of expense under Section 35(b) & 35(c) [old section40(a)(ia)] for deductors if TDS is not properly reported. Deductee grievances due to mismatch in Form 26AS/AIS. Action Points: Ensure accuracy in the original filing (PANs, challans, deduction details). Run validations using TRACES and reconciliation tools. File corrections immediately when errors are found. Train payroll/finance staff on new reduced timelines. Takeaway: Timely and accurate filing ensures compliance, avoids penalties, and protects deductee trust.   Regards CPC (TDS) TEAM Notes: Please maintain updated email address and Contact Number on TRACES to receive regular periodic updates and guidelines from TRACES. Please refer to our FAQs and e-tutorials for detailed screen-driven assistance, before seeking further help. You can opt for the green initiative facilities available on TRACES. Avoidance of Paper Intimations from CPC (TDS) results in savings in respect of paper, printing and postage costs. This also supports the "green initiatives" of CPC (TDS). "Save Paper, Save the Environment! The life of one crucial tree can be saved by avoiding the use of millions of sheets of paper. This initiative makes you a good contributor to the developing nation and creates green environments."