While paying advance, by mistakingly we provide wrong assessment year. How to rectify this issue
9 Replies
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 09 March 2022
File the ITR & get the refund for the year to which tax is paid..
And pay again to correct year ..
Else your AO to correct AY ..
And pay again to correct year ..
Else your AO to correct AY ..
sabyasachi mukherjee
(27650 Points)
Replied 10 March 2022
Whatever you have paid you will get an acknowledgement for that.
You cannot adjust one assesment year against another assesment year.
You cannot adjust one assesment year against another assesment year.
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 10 March 2022
Challan correction can be done through AO
JJJ
(Need help)
(675 Points)
Replied 10 March 2022
Just log in to traces, select challan correction, enter the new values and submit. Takes less than 2 minutes and is usually corrected in less than two days.
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 10 March 2022
It's not tds challan .It's income tax
JJJ
(Need help)
(675 Points)
Replied 10 March 2022
Oops! Sorry I should have read properly before opening my mouth!
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 10 March 2022
You have accepted it..That shows your greatness 🌹🌹👍🏻
CA Naveen Chand
(Chartered Accountant)
(12734 Points)
Replied 11 March 2022
have to visit IT Department for correction in A.Y in Challan
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