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Wrong nature of payment for tds e payment

Coolbu (doctor) (27 Points)

22 March 2012

today I deposited the tds under TAN

But i wrongly mentioned the nature of payment

I mentioned 94a instead of 92a

How to get this corrected ? Its urgent pls tell me

I have to approach Assesing officer or Bank to get it corrected, I paid through Online banking of SBI ,in case of bank to be apporached which branch i need to approach or any email of the sbi bank for communication with the bank,pls tell me

I am very tensed

thanks in advance

waiting for vaulable suggestions

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12 Replies

Suraj S (Audit Executive) (335 Points)
Replied 22 March 2012

You have to approach the A.O. and give a rectification letter in this regard.

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Coolbu (doctor) (27 Points)
Replied 22 March 2012

Originally posted by : Suraj (Thirsty for KNOWLEDGE)
	You have to approach the A.O. and give a rectification letter in this regard.

Thanks for a quick reply

Can you pls provide me any specific format if there for such correction letter

In my case Can i approach Assessing officer on saturday/ Monday to make a request?

In this case,bank cant do any changes to challan?

Coolbu (doctor) (27 Points)
Replied 22 March 2012

What if the Assesing officer dont change the section? What happens.

This I am asking because,a year back my friend wrongly selected assessment year,he sent a letter to AO,but Ao didnt resond to it and didnt make any correction. later he got notice for not paying tax

Any problem arises while filing e-tds, in case code is 94a instead of 92a?

Deepak Gupta (CA Student) (15922 Points)
Replied 23 March 2012

Originally posted by : Coolbu
	Originally posted by : Suraj (Thirsty for KNOWLEDGE) You have to approach the A.O. and give a rectification letter in this regard. Thanks for a quick reply Can you pls provide me any specific format if there for such correction letter In my case Can i approach Assessing officer on saturday/ Monday to make a request? In this case,bank cant do any changes to challan?

Revised Procedure from 1st September 2011 to get Income Tax , TDS, Self Assessment Tax, Advance Tax, Wealth Tax and Other Direct tax Payment Challan corrected / Rectified which were paid at bank in Physical Mode and time period within which correction request can be made along with conditions , Procedures for the same and Format of the letter to bank.

Challan Correction Mechanism

Under OLTAS (On Line Tax Accounting System), the physical challans of all Direct Tax payments received from the deductors / taxpayers are digitized on daily basis by the collecting banks and the data transmitted to TIN (Tax Information Network) through link cell. At present, the banks are permitted to correct data relating to three fields only i.e. amount, major head code and name. The other errors can be corrected only by the assessing officers.

New Procedure of challan correction by banks (for physical challans):

To remedy this situation, a new Challan Correction Mechanism for physical challans has been put in place. Under this mechanism, for income tax payments made on or after 1.9.2011, the following fields can be got corrected through the concerned bank branch:

> Assessment Year

> Major Head Code

> Minor Head Code

> TAN/PAN

> Total Amount

> Nature of payment (TDS Codes)

The time window for the correction request by tax payer is as follows :

S.No	Correction required in Field name	Period of Correction Request (from Challan Deposit Date)
1	TAN/PAN	7 days
2	Assessment Year	7 days
3	Amount	7 days
4	Other fields (Major head, Minor head, Nature of payment)	Within 3 months

The time window for correction by the bank is 7 days from the date of receipt of correction request from the tax-payer.

Conditions:

The changes can be made by the banks, subject to following conditions:

Correction in Name is not permitted.
Any combination of correction of Minor Head and Assessment Year together is not allowed.
PAN/TAN correction will be allowed only when the name in the challan matches with the name as per the new PAN/TAN.
The change of amount will be permitted only on the condition that the amount so corrected is not different from the amount actually received by the bank and credited to Govt. Account.
For a single challan, correction is allowed only once. However, where ₁st correction request is made only for amount, a 2^ndcorrection request will be allowed for correction in other fields.
There will be no partial acceptance of change correction request, i.e. either all the requested changes will be allowed, if they pass the validation, or no change will be allowed, if any one of the requested changes fails the validation test.

Procedure:

i. The tax-payer has to submit the request form for correction (in duplicate) to the concerned bank branch.

ii. The tax-payer has to attach copy of original challan counterfoil.

iii. In case of correction desired for challans in Form 280, 282, 283, the copy of PAN card is required to be attached.

iv. In case of correction desired for payments made by a tax-payer (other than an individual), the original authorization with seal of the non-individual taxpayer is required to be attached with the request form.

v. A separate request form is to be submitted for each challan.

Procedure of challan correction by Assessing Officers (both physical and e-payment challans)

After the window period available to banks for challan correction, the assessee can make a request for correction to his or her assessing officer, who is authorized under the departmental OLTAS application to make such correction in challan data in bonafide cases, to enable credit of the taxes paid, to the concerned assessee.

Format of application to bank for challan correction to be requested by the taxpayer

The Branch Manager,

—————————— (Address of Branch)

Taxpayer Details :

Taxpayer Name :

Taxpayer Address :

Taxpayer TAN/PAN :

Name of Authorized Signatory :

(in case of non-individual taxpayer)

Sub : Request for Correction in Challan No: 280/281/282/283 [Strike out which ever is not applicable]

Sir/Madam,

I request you to make corrections in the challan data as per following details : Challan Details:

BSR Code		Challan Tender Date (Cash/Cheque Deposit Date)			Challan Sl. No.

Sl. No.	Fields in which correction required		Please Tick	Original Details		Modified Details
1.	TAN/PAN (10 digit)
2.	Assessment Year (YYYY)
3.	Major Head code (4 digit)
4.	Minor Head code (3 digit)
5.	Nature of Payment (3 digit)
6.	Total Amount (13 digit)

Note: Please tick against the relevant fields where changes are required.

Tax payer/Authorized Signatory

Date

Note:

Attach copy of original challan counterfoil.
In case of correction to challan 280, 282, 283 attach copy of PAN card.
In case of a non-individual tax payer, attach the original authorization with seal of the non-individual tax-payer.
The request form for correction is to be submitted in duplicate to the bank branch.
A separate request form is to be submitted for each challan.

/forum/new-procedure-for-correction-in-tax-challan-165577.asp

Attached File : 555789 953163 challan correction mechanism.pdf downloaded: 1685 times

1 Like

Coolbu (doctor) (27 Points)
Replied 23 March 2012

Thanks for the reply

I paid through online,so I need contact assessing officer, I will report back after contacting him

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taxpayer (Student) (21 Points)
Replied 18 May 2012

hi Coolbu,

I am also facing the same problem. what have you done in this regard? I also made an online payment with mistake in nature of payment.

Kindly help to find the correction measure.

please respond

MONY N S (ASSISTANT) (21 Points)
Replied 02 July 2012

Sir,

While remitting tds on internet banking, the Major Head is wrongly shown as 0020-company deductees, instead of 0021-non-company deductees. Payment was done on today, the 2nd July, 2012. Please advice me how to correct the same. The income tax assessee is at Kottayam, in Kerala.

Kindly advice me at the earliest.

Thanks in advance.

Mony N S

ROHIT (SERVICE) (40 Points)
Replied 07 July 2012

I would like to share my experience with Ward Assessing Officer related to wrong section selection of TDS while making payment. On 6th June 2012,I mistakely made the online payment under 194C instead of 194J. When I approach our Ward AS and hand him request letter to change the section, he told me that it is difficult to make the changes but given me an advice that while filling return for1st Qtr just select the correct section 194J and assure me that no problem will arise in future. If you had make the correct payment then you do not have to worry (Wrong selection of section) because the Form 16A will depend upon the details you mention in returns which you will file.

2 Like

(Guest)

need clarification on the point 3

In case of a non-individual tax payer, attach the original authorization with seal of the non-individual tax-payer.

a Branch Manager want to apply for correction of challan to the AO.

As per the above point - 'the opriginal authorisation with seal' - who has to give the authorisation in original to the BM..

Vaibhav (Assistant Manager) (28 Points)
Replied 10 December 2012

Hi,

please guide me.. i found in my company regard nature of TDS payment, pevious accountant had paid tds in wrong nature of payment details, .. he had paid TDS in 92C instead of 92B

please tel me the procedure & how to correct it bcoz that transaction was last year & the payment done on 05.07.2011

to solve this problem can we paid interest or penelty on this.. if yes then which persentence

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jaynex (accountant) (22 Points)
Replied 16 July 2013

My Coligue is deduct tds u/s 194 j 10000rs and 194 c 8000 rs he make payment online 18000 rs u/s 194 c please advice any ractification.

Anshak sivhal (xyz) (21 Points)
Replied 31 March 2015

i have wongly entered the nature of payment at time of online payment of TDS challan. what i have to do.?? if any bond have to submmit to AO then suggest me the format