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Quoting wrong AY

K. N M Gupta (articleship) (94 Points)

29 July 2010

hai friends, good afternoon.

SUB: WRONG QUOTING IN TAX CHALLAN/TDS PAYMENT

I PAID MONEY(TAX) FOR THE PURPOSE OF AY 2010-11 BUT I WRONGLY QUOTED ON CHALLAN IS AY2009-10

WHAT I DO,

PLS TELL ME

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7 Replies

vineet (article assistant) (46 Points)
Replied 29 July 2010

best way is to contact your assessing officer and ask him for corrections .

or,

you can also contact to your bank.

And don't ever try to revised the return of the previous year for which u have wrongly deposited the tax

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Rishab (A.C.A.) (155 Points)
Replied 29 July 2010

Write to the concerned A.O stating that the said mistake was involuntary and by inadvertance so we request you to consider the payment of tax for so ans so year. preserve the acknowledgement and in case of any queries or corrorpondence from the A.O reply to him accordingly - don't forget to mention the Bank name, branch, code no. and challan no where tax is paid.

Harpreet (* * * * * *) (1670 Points)
Replied 29 July 2010

agreed with above replies

Arjit Singhal (Ca Final (New) Article Assistant Student ) (107 Points)
Replied 29 July 2010

hi Guys

Similar case happened with me also....

i have quoted Ay. 2011-12 instead of 2010-11 while making e-payment of self assessment tax........

then i approched Income tax office.. then said there is no provision with dealing with

such situation as NOWadays payment goes to NSDL account and we can't rectify it..........

can somebody tell how to overcome from above problem///////////

Member (Management) (325 Points)
Replied 29 July 2010

Challan correction is possible, though I am not sure if the AY can be corrected. You can claim the challan in your return of income and when it put through the Departmental software, it will show up a mismatch and would create a demand. After this, it can be taken up u/s 154 with the correct challan details which will enable the Assessing Officer to correct the challan and give credit for the same.

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CA Riswa Parekh (Practicing) (1591 Points)
Replied 29 July 2010

Similar case I had seen once and in such problem nothing was done and treated as like there was no such mistake and there was no problem.

(Guest)

Originally posted by : Rishab
	Write to the concerned A.O stating that the said mistake was involuntary and by inadvertance so we request you to consider the payment of tax for so ans so year. preserve the acknowledgement and in case of any queries or corrorpondence from the A.O reply to him accordingly - don't forget to mention the Bank name, branch, code no. and challan no where tax is paid.