15 June 2023
In the case of the following errors, the bank branch accepting the tax payments are permitted to correct the challan data and in the time frame mentioned below:
Amount of tax – within 7 days from the deposit of challan Assessment year – within 7 days from the deposit of challan Major head code – within 3 months from the deposit of challan Minor head code – within 3 months from the deposit of challan PAN of the taxpayer – within 7 days from the deposit of challan Nature of payment – within 3 months from the deposit of challan Hence, a taxpayer has to make an application for correction within the time period mentioned above. The procedure for making the correction at the bank branch is:
Fill up a request for correction form at the bank branch which accepted the initial tax payment. Retain an acknowledged copy of the request letter filed. Submit the original counterfoil of challan paid along with the request and a copy of your PAN card.
16 June 2023
For rectifications in challans paid through online mode (internet challan), taxpayer may contact their concerned Assessing Officer (AO) of the Income Tax Department (ITD). For details refer: https://www.caclubindia.com/forum/new-procedure-for-correction-in-tax-challan-165577.asp
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