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yogesh (Querist)
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11 April 2013 I would like to ask that is there is any kind of penalty imposed if i fill challan 0021 for a COMPANY DEDUCTEES instead of 0020.

CA.Sourabh Sethia

CA.Sourabh Sethia (Expert)
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11 April 2013 no penalty but you should get the challan corrected by the bank

you can write a letter to the bank stating the correction required in challan(Minor head of payment)

time limit to get correction - within 3 months from challan deposit date.

CA.Sourabh Sethia

CA.Sourabh Sethia (Expert)
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11 April 2013 you can also download the format of correction letter

here
http://www.incometaxindia.gov.in/archive/LeftMenu_ChallanCorrectionMechanism_26082011.pdf

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yogesh

yogesh (Querist)
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12 April 2013 thank you ca sourabh sethia.