Change in assessment year in tds challan 281

Save Share

This query is : Resolved

TARIQUE RIZVI (Querist)

17 September 2014 Respected Sir,

I have wrongly mentioned the assessment year as 2014-15 instead of 2015-16 in my tds challan 281. Since I had made the on-line payment through my personal computer, bankers refused to make correction in the assessment year.

My bankers have told me that they have not made the on-line payment through their computer, they wont be able to make any correction in the challan.

Had the bankers done it, the bankers could have made correction and that too within 7 days from the date of payment as per rule.

As I have to file tds return for Q-2-Fy 2014-15 during the period from 1st October 2014 to 15th October 2014 the due date being 15th October 2014, you are requested to please guide me how to get the assessment year 2014-15 changed as 2015-16 for enabling me to file the tds return on time.

Unless and until challan is corrected, I wont be able to file the tds return.

I will appreiciate your kind favour in this regard,

yours truly
Tarique Rizvi
982 1630 130

Nikhil Kaushik

Nikhil Kaushik (Expert)

17 September 2014 you need to contact the jurisdictional TDS AO for the amendment in challan details

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

17 September 2014 Check out the challan correction mechanism from below link---

https://www.incometaxindia.gov.in/archive/LeftMenu_ChallanCorrectionMechanism_26082011.pdf

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

17 September 2014 Required Format for correction in Assessment Year:

Date :..........

To
The ITO
Ward.57 (3), TDS, Kolkata
10B, Middleton Row
Kolkata – 700 071

Sub: Request for Correction and/or rectification of Assessment Year in TDS challan.

Sir,

This is to inform you that we had deposited TDS of1000/- (One Thousand Only) u/s 194-J pertaining to the month of March’2014 but at the time of online payment of the said amount the AY was wrongly selected as .......instead of ...................

We therefore request you to kindly make the necessary correction in your records. We are also enclosing a photocopy of the said challan.

We regret for our inadvertent mistake.

Thanking you,

Yours faithfully,

For .................... Pvt. Ltd.

(Authorized Signatory)

Please make necessary changes where required.

Also as suggested by learned expert you also need to visit and meet AO to get things done at earliest. Mere application may take long time.

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now