Correction of assessment year
This query is : Resolved
21 December 2013
Hi,
I have paid TDS deducted in the month of April'2012 through challan at a bank. I have mentioned the Assessment Year as 2011-12. I have considered this challan in the TDS return of Q1 for F.Y. 2012-13. Now I have received an intimation from TDS authorities for short payment. (I think this is because of the challan has assessment year 2011-12 instead of 2012-13 ). Is there a way to rectify this mistake?? Can I now modify the assessment year from 2011-12 to 2012-13? Can the bank do it or TDS A.O? or has the time limit lapsed ?
I have paid TDS deducted in the month of April'2012 through challan at a bank. I have mentioned the Assessment Year as 2011-12. I have considered this challan in the TDS return of Q1 for F.Y. 2012-13. Now I have received an intimation from TDS authorities for short payment. (I think this is because of the challan has assessment year 2011-12 instead of 2012-13 ). Is there a way to rectify this mistake?? Can I now modify the assessment year from 2011-12 to 2012-13? Can the bank do it or TDS A.O? or has the time limit lapsed ?
22 December 2013
write a letter to AO with challan copy. there is no chance to change challan details.
through bank
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
tnks.
through bank
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
tnks.
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