TDS Return Filing 2026-27: Forms 138, 140, 144 & Correction Statements

Updated 12 September 2026: The Income Tax Department now states that TDS/TCS correction statements for Tax Year 2026-27 have been enabled. Quarterly TDS reporting under the Income-tax Act, 2025 uses the current forms including Forms 138, 140 and 144. Historical corrections for periods governed by the old Act continue under the applicable old-law form and transition rules.

Quick table

TY 2026-27 due dates

• Q1 Apr-Jun 2026: 31 July 2026.
• Q2 Jul-Sep 2026: 31 October 2026.
• Q3 Oct-Dec 2026: 31 January 2027.
• Q4 Jan-Mar 2027: 31 May 2027.

Correction statements are now enabled for TY 2026-27

This is a material portal-status change. A deductor should use a correction statement only after checking the status and reference details of the original statement. Do not upload a second regular statement merely to repair an accepted filing.

Correction workflow

1. Identify the original form, tax year and quarter.
2. Confirm that the original statement has been filed/processed sufficiently for the prescribed correction workflow.
3. Reconcile the accepted statement with the payroll/vendor ledger, challans and deductee records.
4. Identify the exact error: PAN/deductee details, challan allocation, payment/deduction data or other permitted correction field.
5. Use the current utility/process applicable to that statement and correction type.
6. Match the TAN and required original-statement/reference details exactly.
7. Validate the correction file before upload.
8. Upload through the current portal workflow and complete verification where prescribed.
9. Track processing/acceptance; an uploaded file is not automatically a successfully processed correction.
10. Recheck deductee credit/defaults after processing and retain the acknowledgement and reconciliation.

Old-period correction rule

Do not convert a historical statement to a new-law form merely because the correction is filed after 1 April 2026. First identify the period and law governing the original TDS event, then use the correction route prescribed for that period. This prevents an old 24Q/26Q/27Q-period correction from being incorrectly treated as a TY 2026-27 Form 138/140/144 filing.

Regular vs correction statement

Quarter-end filing workflow

1. Close payroll/vendor ledgers for the quarter.
2. Reconcile deduction liability and challans.
3. Validate TAN, PAN, residential status and payment classification.
4. Select the correct form and tax year/quarter.
5. Prepare using the current utility.
6. Clear validation errors before upload.
7. Upload and complete verification as prescribed.
8. Check final acceptance; upload alone is not proof of successful filing.
9. Review processing/defaults and deductee credit.
10. Archive acknowledgement, files, challans and reconciliation.

Common rejection and correction controls

• Wrong tax year or quarter.
• Regular file uploaded as correction or vice versa.
• Utility/FVU version mismatch.
• TAN mismatch.
• Duplicate regular statement.
• Incorrect original-statement/correction reference details.
• Trying to repair an old-law period using a TY 2026-27 new-law form.
• Changing data without reconciling the underlying challan, ledger and deductee records.

Form 141 is different

Specified resident challan-cum-statement transactions use the applicable Form 141 framework and should not be mixed with the normal quarterly Forms 138/140/144 process.

Official reference

Check the Income Tax Department e-Filing portal for the current correction-statement availability, utilities and filing workflow before submission.

Last reviewed: 12 September 2026.

Frequently Asked Questions