10 May 2016
I have wrongly chosen previous asst year 2015-16 instead of 2016-17 towards tds payment in March 2016, what I have to do now. kindly guide me
10 May 2016
With due respect to Kaviraja Sir, I want to update that Bank can correct it Within 7 days from challan deposit date if it was paid manually before 01-09-2011 otherwise you have to contact Assessing Officer for this correction.
Abhishek Ranjan Singh ARS Solutions www.arssolutions.co.in +919022838615
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10 May 2016
You need to submit a letter to your Income Tax AO for correction in challan data along with the photocopy of the challan. Required Format for Correction of Section can be as follows
Date :………. To, The ITO Ward …………. ……… …….. …… ………..
Sub: Request for Correction and/or rectification of Assessment Year in challan.
Sir, This is to inform you that while making payment of Self Assessment Tax of Rs……………..for the AY 20XX-XX i wrongly mentioned the AY 20XX-XX in ITNS 280 / 281. I, therefore, request you to kindly make the necessary correction in your records. I am also enclosing a photocopy of the said challan. I sincerely regret for my inadvertent mistake.
Thanking you, Yours faithfully ……………….
Abhishek Ranjan Singh ARS Solutions www.arssolutions.co.in +919022838615
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