Outstanding tax demand

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 March 2014 Hi Experts,

I have got intimation 143(1) from IT dept.
It is Outstanding Tax payable for Assessment 2011-2012 year , On checking in details I found that while paying tax I have selected wrong assessment year 2010-2011.

Kindly let me know what is the procedure to get this done. It was filed offline by an agency in our office.

Regards

BabuRaj.P

BabuRaj.P (Expert)
Follow

14 March 2014 Give a letter to the Assessing Officer with the copy of challan and prove that against that challan there was no tax liability.
He can change the assessment year.

Querist : Anonymous

Querist : Anonymous (Querist)

17 March 2014 Hi ,

After submitting the required documents,

how long does it take for assessing officer to correct the details.

Regards

Upgrade to CAclubindia Pro. Subscribe Now!

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
Follow

09 August 2024 To resolve the issue of the outstanding tax demand for AY 2011-12 due to incorrect payment being credited to AY 2010-11, follow these steps:

### Steps to Correct the Tax Payment

1. **Gather Information:**
- **Intimation under Section 143(1)**: Collect the intimation you received, which details the outstanding demand.
- **Tax Payment Details**: Obtain proof of the incorrect payment, including the challan number, date, and amount.

2. **Prepare a Rectification Request:**
- **Online Rectification:**
- Log in to the [Income Tax e-Filing portal](http://incometaxindiaefiling.gov.in).
- Go to **"Services"** > **"Rectification"**.
- Choose the **"Rectification of intimation under 143(1)"** option.
- Select the relevant assessment year (AY 2011-12) and provide details about the incorrect payment.
- Mention the correct details of the payment made for AY 2010-11 and attach the payment proof.
- Submit the rectification request online.

- **Offline Rectification:**
- If you prefer or if online rectification isn’t feasible, you may write a letter to the Income Tax Department.
- Address the letter to the jurisdictional Assessing Officer (AO) with the following details:
- **Subject**: Correction of Tax Payment Entry for AY 2011-12.
- **Details of Incorrect Payment**: Mention the challan number, date, amount, and the incorrect assessment year.
- **Correct Payment Details**: Provide proof of payment made for AY 2010-11 and request adjustment to the correct assessment year (AY 2011-12).
- **Attach Proofs**: Include copies of the payment receipt and any other supporting documents.

3. **Submit the Rectification Request:**
- For online rectification, ensure you have submitted all required information and documents.
- For offline requests, submit the letter and documents to your local Income Tax Office.

### Timeframe for Correction

- **Online Rectification**: The processing time can vary, but it generally takes a few weeks to a few months. You can track the status of your rectification request through the e-filing portal.
- **Offline Rectification**: The processing time for offline requests can be longer, typically ranging from 1 to 3 months, depending on the workload of the local Income Tax Office.

### Follow-Up

- **Check Status**: Regularly check the status of your rectification request on the e-filing portal or follow up with the Income Tax Office if you’ve submitted an offline request.
- **Revised Intimation**: Once the rectification is processed, you should receive a revised intimation under Section 143(1) reflecting the corrected demand or refund.

### Summary
1. **Submit a Rectification Request**: Either online or offline, explaining the mistake and providing correct details.
2. **Attach Proofs**: Include proof of the incorrect and correct payments.
3. **Track the Process**: Monitor the status through the e-filing portal or with the Income Tax Office.
4. **Expect Processing Time**: Allow a few weeks to a few months for the correction to be processed.

By following these steps, you should be able to correct the tax payment issue and resolve the outstanding demand efficiently.