If you've filed your Income Tax Return and realised you've paid more tax than required, don't worry. You can rectify this by logging into the Income Tax e-Filing portal and responding to the outstanding tax demand. Select 'Demand is partially correct' and provide the accurate details of your tax payment. Alternatively, you can write to your jurisdictional Assessing Officer with proof of your overpayment.
If you have already filed your Income Tax Return (ITR) but made a higher tax payment than the demand mentioned in the intimation, you may need to follow these steps to rectify the situation
1. Login to the Income Tax e-Filing portal (https://www.incometaxindiaefiling.gov.in/) using your credentia
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FAQ :
If you've paid more tax than the demand mentioned in your intimation, you should log in to the Income Tax e-Filing portal and respond to the outstanding tax demand. Select 'Demand is partially correct' and enter the correct payment details.
After logging into the Income Tax e-Filing portal, navigate to the 'Dashboard' section and click on the 'Response to Outstanding Tax Demand' option.
You'll need to provide the correct details of the tax payment you made, including the challan number, BSR code, date of payment, and the amount paid.
The Income Tax Department will verify the information you've provided and update the demand accordingly. Any excess payment will be adjusted against other liabilities or refunded to you.
Yes, you can write a letter or email to your jurisdictional Assessing Officer, explaining the situation and attaching proof of your excess tax payment.
When contacting your Assessing Officer, clearly mention your PAN, assessment year, the details of the intimation received (demand amount and amount paid), and request the necessary adjustments.