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Tds query

CHIRAG DEEPAK GANATRA (CA FINAL) (1054 Points)

19 August 2011

one of our client (PVT LTD CO) paid their all TDS of AY 11-12 but in challan they wrongly mentioned AY 10-11 instead of 11-12, So I Want to Rectify that Error , So Im Writting Letter But Please tell me To Whom I Have to write Letter i.e. Address of Income Tax, If Any one have Formate of This Type please Share it.

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5 Replies

Mihir (Wealth Manager) (5293 Points)
Replied 19 August 2011

Write letter to the AO drawing their attention to the mistake in AY for TDS payment. They should write back asking you to write to the respective bank where payment was made. Then write to the bank attaching the letter of the IT. The bank, in turn, will upload the file in NSDL for change of AY. It happened with me, too.

Quote

This is to inform you that TDS has been paid for AY 2011-12 via XXX Bank on 00/00/2011 which was wrongly paid into assessment Year 2010-11 instead of Assessment Year 2011-12. The copy of the challan is attached for your perusal. Kindly rectify the error by crediting the TDS paid in the Assessment Year 2011-12 (FY 2010-11) and let me have the confirmation of the same.

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CHIRAG DEEPAK GANATRA (CA FINAL) (1054 Points)
Replied 19 August 2011

bt where i want to file this letter???

write in favore of

To,

incometax officer ?????

Mihir (Wealth Manager) (5293 Points)
Replied 19 August 2011

Find the jurisdiction of the AO/Income tax officer from the incometaxindia website, which you can find from the ITR return, and submit the letter in person, and take the acknowledgement duly stamped with date and signature.

HARSHAD (asst manager) (22 Points)
Replied 01 September 2011

we were filled the tds return but because of late payment we also paid interest but bcoz of wrong calculation we paid short interest so suggest me how we can rectify error