15 October 2013
Dear Sir i have depsoit the TDS thorugh Net Banking but when i m choosing the assessment year by mistake choosen the wrong Assesment year 2013-14 insdeed of 20014-15. please tell me any remedy or advice for that.
15 October 2013
If you have paid the challan in last seven days, then the procedure is as follows:
i. The tax-payer has to submit the request form for correction (in duplicate) to the concerned bank branch.
ii. The tax-payer has to attach copy of original challan counterfoil.
iii. In case of correction desired for challans in Form 280, 282, 283, the copy of PAN card is required to be attached.
iv. In case of correction desired for payments made by a tax-payer (other than an individual), the original authorization with seal of the non-individual tax-payer is required to be attached with the request form.
v. A separate request form is to be submitted for each challan.
After the window period available to banks for challan correction, the assessee can make a request for correction to his or her assessing officer, who is authorized under the departmental OLTAS application to make such correction in challan data in bonafide cases, to enable credit of the taxes paid, to the concerned assessee.
17 October 2013
sir i had gone to bank next day for the rectification in the assessment year but they said that we can't do anything in the matter because you have made the payment thourgh netbanking. if you deposit it physically then we could rectify withing seven days. now what sould we do. please suggest me. and our TDS returs is being late.
For correction in electronic challans and for correction after the time period for application to bank lapses in physical challans, a written request in prescribed format has to be made to the Assessing Officer. Assessing Officer has power to rectify the error , in bona fide cases, to enable credit of tax to assessee.