Varun Kumar S K (Student) (318 Points)
04 July 2012Hi everyone,
I have made a mistake while making the payment of TDS. The tax payment of F.Y 2010-11 has been wrongly entered as F.Y 2009-10. The same has been processed by bank for the year 2009-10.
While extracting the 26AS of the party, i found that there is no duplication of amount of TDS in the year 2009-10 nor the same is reflected in 2010-11.
The error message which got in 26AS pertaing to the year 2010-11 is "Unmatched".
Please suggest me any idea for rectifying the mistake.
ANUP GUPTA
(KEEP SMILING fcaanupgupta@gmail.com)
(303 Points)
Replied 04 July 2012
Consult with your bank where u have deposited such challan. they can surely rectify this mistake by changing the year.
MAHESH GARG
(AUDIT EXECUTIVE)
(334 Points)
Replied 04 July 2012
write an application intimating A.O. and CIT (TDS) about the error enclosing the copy of respective challan.
CA VAISHNAVI
(Finance Officer)
(84 Points)
Replied 04 July 2012
U can write a letter to the AO giving details of the challan and request him to correct the mistake done.
vishwam
(article trainee)
(82 Points)
Replied 04 July 2012
U have to write a letter to AO requesting for corrections
sandeep
(Accountant)
(40 Points)
Replied 07 July 2012
aapko A.O se milna hoga. Income Tax Office(Laxmi Nagar, ITO). and Apko apni galti Letter par nehi Rs10 ke Stamp Paper par deni hogi. and aapko aapne sath TDS Deposited ki Copy bhi attach kar ke deni hogi
MAHESH GARG
(AUDIT EXECUTIVE)
(334 Points)
Replied 07 July 2012
Sri Ram Babu May be you faced this problem before September.
please take note of the following information.
Deposit of TDS can be made either electronically or by a physical challan. e-Payment of tax is mandatory for companies and others covered under mandatory tax audit. Several times, while depositing tax, errors may creep in. To rectify these errors, income-tax department has issued new guidelines effective 01-09-2011. Please visit the following link:
https://www.tin-nsdl.com/oltas/oltas-note.php
Also Producing the text below:
NSDL receives tax collection data as uploaded by the bank. NSDL is not authorized to carry out any changes in the data sent by the bank to TIN.
The fields that can be corrected by the Taxpayer through Bank are tabulated below:
| Sl. No. | Type of Correction on Challan | Period for correction request (in days) |
| 1 | PAN/TAN | Within 7 days from challan deposit date |
| 2 | Assessment Year | Within 7 days from challan deposit date |
| 3 | Total Amount | Within 7 days from challan deposit date |
| 4 | Major Head | Within 3 months from challan deposit date |
| 5 | Minor Head | Within 3 months from challan deposit date |
| 6 | Nature of Payment | Within 3 months from challan deposit date |
Note :
1. Above correction mechanism is applicable only for physical challans with deposit date greater than equal to September 1, 2011.
2. Any correction request initiated by the taxpayer after the time limit specified above shall be rejected by Bank.
3. For challans with challan deposit date from September 1, 2011 to September 30, 2011, the time limit for correction in TAN/PAN, Assessment Year and Amount will be within 45 days from challan deposit date.
4. The fields that can be corrected and the entity authorized to carry out corrections on challan with deposit date less than September 1, 2011 are as below:
| Sl. No. | Type of Correction on Challan | Performed By |
| 1 | PAN/TAN | Assessing Officer |
| 2 | Assessment Year | Assessing Officer |
| 3 | Major Head | Assessing Officer /Bank |
| 4 | Minor Head | Assessing Officer |
| 5 | Nature of Payment | Assessing Officer |
| 6 | Total Amount | Bank |
| 7 | Name | Bank |
5. For rectifications in challans paid through online mode (internet challan) , taxpayer may contact their concerned Assessing Officer (AO) of the Income Tax Department (ITD).
MAHESH GARG
(AUDIT EXECUTIVE)
(334 Points)
Replied 07 July 2012
Here is the format for application to bank as prescribed:-
CAclubindia
