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Wrong assessment year in challan

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08 November 2008 Sir, my name is ankit a resident of chandigarh. i have filed my income tax on 30 october 2008 but after filing i have noticed that the assessment year is incorrectly mentioned as 2007-2008, it should have been 2008-2009.please help me on the course of action available. will be grateful for any help u can provide.
Thank you.
ankitsaini@gmail.com

08 November 2008 You will have to write to the assessing officer concerned pointing out the mistake. It would even be better to seek an appointment to meet him and explain the error.

09 November 2008 Sir, thank you for the guidance. I have one more question regarding the same. the error of mentioning the wrong assessment year is on the challan ITNS 280. on the remaining return forms the assessment year is correctly mentioned as 2008-2009. a local CA has told me that since i have filed the return recently it would still not have come up at the concerned assessing officer. he has advised me to wait till my case comes up for assessment at the concerned assessing officer and let them ask for clarification on the same. Is this the right way or should i approach the assessing officer straight away.
Please help.




09 November 2008 Nilesh Shah Replies:
Cell: 92246-59941
E mail: nilesh63@vsnl.com


You can prove by means of circumstantial evidence i.e computation of income for A.Y 2008-2009 that the payment relates only to A.Y 08-09 & all the taxes of A.Y 07-08 has been paid and the return of A.Y 07-08 has been filed long back.

A similar immunity is available to Income tax dept under section 292B. Why you cannot get the same immunity though there is no specific provision in the Act similar to section 292B.

At the most the Dept will insist on your filing indemnity bond at the time of taking credit for A.Y 08-09.
Sincerely,

Nilesh Shah

10 November 2008 Sir should i wait till my case comes up for assessment at the concerned assessing officer and let them ask for clarification on the same. Is this the right way or should i approach the assessing officer straight away.

10 November 2008 My advice is to write to the AO as early as you can.



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