Assessment year

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Querist : Anonymous

Querist : Anonymous (Querist)

04 May 2016 In TDS challan instead of AY 2017-18, it was selected AY 2016-17.
Is there any way to correct it ?

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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04 May 2016 contact bank they will do correction in AY

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Abhishek Ranjan Singh

Abhishek Ranjan Singh (Expert)
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04 May 2016 With due respect to Murtaza Bhagat Sir, I want to update that Bank can correct it Within 7 days from challan deposit date if it was paid manually before 01-09-2011 otherwise you have to contact Assessing Officer for this correction.

Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615

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Aksha

Aksha (Querist)
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05 May 2016 but is it a major mistake ? If it is not corrected what vl b d effect ?

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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05 May 2016 Every problems have their solution..!!!
this is not a big mistake your challan will be rectify and also your return will be reprocessed thats way you can have your solution.

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Abhishek Ranjan Singh

Abhishek Ranjan Singh (Expert)
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05 May 2016 You need to submit a letter to your Income Tax AO for correction in challan data along with the photocopy of the challan.Required Format for Correction of Section can be as follows

Date :……….

To,

The ITO
Ward ………….
……………..
……………..

Sub: Request for Correction and/or rectification of Assessment Year in challan.

Sir,

This is to inform you that while making payment of Self Assessment Tax of Rs……………..for the AY 20XX-XX i wrongly mentioned the AY 20XX-XX in ITNS 280 / 281.

I, therefore, request you to kindly make the necessary correction in your records. I am also enclosing a photocopy of the said challan.

I sincerely regret for my inadvertent mistake.

Thanking you,

Yours faithfully
……………….

Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615

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Aksha

Aksha (Querist)
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05 May 2016 thank u so much sirji