advance tax and refund

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ram (Querist)
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08 July 2011 one of my client paid right amount of advance tax & on right intervals.but by mistake he ticked serial no.300 instead of 100 in challan which made the payment as self assessment tax in place of advance tax.
Is he liable to pay interest under section 234C to income tax deptt?
now since the tax paid above is in excess of amount of advance tax to be paid by him and thus resulting in refund.can he claim interest from deptt for late payment of refund?

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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08 July 2011 It is important to make payment of tax.
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Request to the bankers can be made for changing the code. However, rectification chances are less with their help.
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Tax credit will be considered from the date of payment. While filing the return payment can be treated as advance tax paid. As such 234C will not be levied.
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The amount paid by the client may be considered towards advance payment of tax, a written application of this intent will be favourably considered by the ITO.
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