When i paid self assessment tax to my brother, wrongly i mentioned his company PAN number in lieu of his number. But, before filing return i found that mistake and went to bank for rectification. But, bank authorities were denied my request for refund. They were asked me to write a requisition letter, to transfer the tax amount were paid wrongly to appropriate PAN number. I have given letter. My doubt is whether income tax authorities will do my favor or not? I mean, they will change it to my brother PAN number or not? I did not go for filing due to this mistake. In case, if i pay tax again and go for filing means what would happen for that wrongly paid amount? Or is it possible to get that wrongly paid tax amount from his company?
14 August 2011
1. U can make an application to the concerned ITO. They are empowered to do it. It is a tiring job but u can try it and u can hope it.
Option 2. Properly present the case to the company. Ask them to check their 26 AS account. If they have received the credit, ask them for the refund and then u can pay the SA tax.