26 March 2016
Credit of SA Tax given by bank to Ay 2016-17 instead of Ay 2015-16 ================================================================== Rectification in Assessment Year =============================== With reference to my discussion with Sureshji CA Club, I would like to consult once again whether I should upload the IT Return of Ay 2015-16 after giving the effect of the tax paid by me in IT Return to avoid 234-A.
As far as the issue of Wrong Assessment Year, I will meet the local assessing officer on Monday dated 28th March 2016 to get the assessment year corrected and I hope before the IT Return is processed the local assessing officer will have made correction in the assessment year.
Finally I wont face 234-A, 234-B, 234-C and invalidity of the Return also.
26 March 2016
Yes You must have to file your return because 234A is depends upon when you have paid and filed your return. if you paid tax and filed your return after 2-3 month then you have to paid also interest also before filling return.
CAclubindia
