Income tax payment
This query is : Resolved
26 April 2012
I have wrongly paid (manually) the amount of Income tax in other person's A/c in a Bank by wrongly PAN and Name (due to system error of income tax software). Now what is the procedure to get back this amount?
26 April 2012
U need to explain regarding type of payment weather u paid by cheque, cash or online payment. Only then i will reply to your query .
31 July 2024
To rectify the situation where you have mistakenly paid income tax into another person's account due to a wrong PAN and name, follow these steps to recover the amount:
### **Steps to Recover the Mistaken Tax Payment**
1. **Gather Documentation:**
- **Receipt of Payment:** Obtain a copy of the receipt or transaction details showing the mistaken payment. This should include the date, amount, and reference number.
- **Bank Statement:** Get a copy of your bank statement showing the debit transaction.
- **Identification Documents:** You might need to provide identification documents for verification purposes.
2. **Prepare a Request Letter:**
Draft a formal request letter addressed to the Income Tax Department. The letter should include:
- Details of the mistaken payment (amount, date, and reference number).
- The correct PAN and the correct details where the payment should have been made.
- A request for adjustment or refund of the amount paid incorrectly.
- Any supporting documents (receipt, bank statement, etc.).
3. **Contact the Income Tax Department:**
- **Online:** Log in to the [Income Tax e-filing portal](https://incometaxindiaefiling.gov.in) and use the "Taxpayer Services" section. Look for options related to "Rectification" or "Refund Request" and submit your request online if the portal allows.
- **Physical Submission:** Visit your local Income Tax Office or the office of the jurisdictional Assessing Officer. Submit your request letter along with the supporting documents.
4. **Follow Up:**
- After submission, keep a record of any acknowledgment or receipt provided by the Income Tax Department.
- Follow up with the department if you do not receive a response within a reasonable time frame. You may contact them by phone or email to check the status of your request.
5. **Bank Coordination:**
- If required, coordinate with your bank to ensure that the bank provides any necessary confirmation or statement related to the payment.
### **Important Points:**
- **Correction of Details:** If the tax amount has been mistakenly deposited into someone else's account, ensure that you correct the details with both the Income Tax Department and your bank to prevent similar issues in the future.
- **Timing:** Act quickly to report and rectify the mistake, as delays could complicate the recovery process.
By following these steps, you should be able to rectify the situation and recover the wrongly paid amount.
### **Steps to Recover the Mistaken Tax Payment**
1. **Gather Documentation:**
- **Receipt of Payment:** Obtain a copy of the receipt or transaction details showing the mistaken payment. This should include the date, amount, and reference number.
- **Bank Statement:** Get a copy of your bank statement showing the debit transaction.
- **Identification Documents:** You might need to provide identification documents for verification purposes.
2. **Prepare a Request Letter:**
Draft a formal request letter addressed to the Income Tax Department. The letter should include:
- Details of the mistaken payment (amount, date, and reference number).
- The correct PAN and the correct details where the payment should have been made.
- A request for adjustment or refund of the amount paid incorrectly.
- Any supporting documents (receipt, bank statement, etc.).
3. **Contact the Income Tax Department:**
- **Online:** Log in to the [Income Tax e-filing portal](https://incometaxindiaefiling.gov.in) and use the "Taxpayer Services" section. Look for options related to "Rectification" or "Refund Request" and submit your request online if the portal allows.
- **Physical Submission:** Visit your local Income Tax Office or the office of the jurisdictional Assessing Officer. Submit your request letter along with the supporting documents.
4. **Follow Up:**
- After submission, keep a record of any acknowledgment or receipt provided by the Income Tax Department.
- Follow up with the department if you do not receive a response within a reasonable time frame. You may contact them by phone or email to check the status of your request.
5. **Bank Coordination:**
- If required, coordinate with your bank to ensure that the bank provides any necessary confirmation or statement related to the payment.
### **Important Points:**
- **Correction of Details:** If the tax amount has been mistakenly deposited into someone else's account, ensure that you correct the details with both the Income Tax Department and your bank to prevent similar issues in the future.
- **Timing:** Act quickly to report and rectify the mistake, as delays could complicate the recovery process.
By following these steps, you should be able to rectify the situation and recover the wrongly paid amount.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Inventory of finished goods
- GST Regis.
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- RCM INVOICING FROM NOV-2024
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Tds on building rent monthly
- Disallowance of Section 43B(h) to sez units
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
