Adjustment of tax refund against payable

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Ramesh Gajam (Querist)
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15 September 2014 During AY 2012-13 i had a tax payable of 83000, but during making of online payment i had wrongly selected the AY 2011-12 instead of AY 2012-13 and assumed that it is paid for the respective year. But now i received an intimation u/s 143(1)for AY 2012-13 for payable amount along with interest of rs 105000. please help me on whether that amt will adjust against AY 2012-13 or whether any procedure to follow to get refund of that amount. what to do please help me

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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15 September 2014 you can file a rectification request u/s 154 by logging on income tax website and then under My account u can see rectification request u/s 154

Nikhil Kaushik

Nikhil Kaushik (Expert)
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15 September 2014 you need to approach AO for amendment in challan details. Only after that you will be able to get any tax credit.

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