CHANGING THE AY

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 May 2011 Dear Experts,

While making the payment of TDS for the month of April.2011 by mistake I selected AY 2010-11 instead of AY 2011-12.

Please let me know to Correct this.

Thanks & Regards.

U S Sharma

U S Sharma (Expert)
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20 May 2011 AO(TDS) has power to rectify the mistake done, so write to him with challan copy.

prasad

prasad (Expert)
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20 May 2011 this is very practical problem. U talk to the bank where u hav deposited the TDS cheque.
or u can apply to the Income Tax Officer (TDS) for rectification

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CA KRISHNA KUMAR DARUKA

CA KRISHNA KUMAR DARUKA (Expert)
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20 May 2011 Once deposited banks do not have power to change assessment year. Only AO(TDS) can rectify this mistake.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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20 May 2011 write a letter to the TDS AO along with a copy of the challan requesting him to make necessary correction in challan data.

Required Format:

Date :..........

To
The ITO
Ward.57 (3), TDS, Kolkata
10B, Middleton Row
Kolkata – 700 071

Sub: Request for Correction and/or rectification of Section in TDS challan.

Sir,

This is to inform you that we had deposited TDS of1000/- (One Thousand Only) u/s 194-J pertaining to the month of March’2010 but at the time of online payment of the said amount the AY was wrongly selected as 2010-11 instead of 2011-12
We therefore request you to kindly make the necessary correction in your records. We are also enclosing a photocopy of the said challan.

We regret for our inadvertent mistake.

Thanking you,

Yours faithfully,

For .................... Pvt. Ltd.