Entered wrong tan number
This query is : Open
14 July 2013
I have received an intimation u/s 143(1) from CPC (Dated 04/07/2013) demanding the full amount+interest of previous year (A.Y.2012-13) TDS. I was shocked after receiving the notice as TDS is already deducted by my employer. When I was thoroughly going through the last year (A.Y. 2012-13) ITR-1 that I filled and submitted I found I had entered wrong TAN number. Is that the reason that I got this intimation u/s 143(1)?
In this context I would like to know what I need to do now. They have charged interest u/s 234B and 234C on TDS already paid. Still do I need to pay that interest amount?
Please advise me.
In this context I would like to know what I need to do now. They have charged interest u/s 234B and 234C on TDS already paid. Still do I need to pay that interest amount?
Please advise me.
14 July 2013
It mau be so that since you mentioned wrong TAN no. The TDS amount was not considered and hence the demand. Please check whether they have given you the credit of the TDS amount. Please compare your return with the intimation to know exactly where the difference lies.
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14 July 2013
After that you can file rectification u/s 154.
Online Rectification u/s 154 at IT Website:
Income Tax Department introduces new facility for online submission of rectification request in cases where processing was completed by CPC Bangalore. Please review the guide for common errors to first rectify the return submitted and generate the rectification xml using excel utility (same utility is to be used). Taxpayer can log in My Account-> Rectification-> Rectification upload and follow instructions to upload the rectification xml file. The rectification request will be processed at CPC and if found acceptable, then a rectification order u/s154 will be issued. Please see manual for submission of rectification request. Please note that this facility is only for E-returns processed at CPC.
Online Rectification u/s 154 at IT Website:
Income Tax Department introduces new facility for online submission of rectification request in cases where processing was completed by CPC Bangalore. Please review the guide for common errors to first rectify the return submitted and generate the rectification xml using excel utility (same utility is to be used). Taxpayer can log in My Account-> Rectification-> Rectification upload and follow instructions to upload the rectification xml file. The rectification request will be processed at CPC and if found acceptable, then a rectification order u/s154 will be issued. Please see manual for submission of rectification request. Please note that this facility is only for E-returns processed at CPC.
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14 July 2013
But Sir, in ITR-1 XL sheet, u/s-154 is not coming in the drop down box under header of "Return filed under section". Hence XML file can not be generated without that.
14 July 2013
Please log in and check the manual of rectification request. Section 154 is request for rectification. It will not be there in ITR. ITR contains section pursuant to which you are filing return.
Like, 139(1), 139(4), 139(5), etc.
Like, 139(1), 139(4), 139(5), etc.
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14 July 2013
Thank you sir. There are three options come in 'rectification request'column, namely;
i)Taxpayer correcting data for tax credit mismatch only.
ii) Taxpayer is correcting data in rectification
iii) No further data correction required. Reprocess the case.
which one should I opt to rectify TAN number??
i)Taxpayer correcting data for tax credit mismatch only.
ii) Taxpayer is correcting data in rectification
iii) No further data correction required. Reprocess the case.
which one should I opt to rectify TAN number??
14 July 2013
i) Taxpayer correcting data for tax credit mismatch only.
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15 July 2013
Sir,
I have given rectification request under head 'Taxpayer correcting data for tax credit mismatch only'(as mentioned by you)
Now anything more I need to do??
I have given rectification request under head 'Taxpayer correcting data for tax credit mismatch only'(as mentioned by you)
Now anything more I need to do??
15 July 2013
No. Now you have to wait for the rectification order.
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15 July 2013
Thankyou very much.
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