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Error in mention of assessment year

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Querist : Anonymous

Querist : Anonymous (Querist)

30 December 2015 While paying the income tax online, for the asst. year 2014-15, the client wrongly put the assessment year as 2015-16. How to rectify this?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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30 December 2015 Within 7 days of payment, challan can be corrected by bank on request. After the window period available to banks for challan correction, the assessee can make a request for correction to his or her assessing officer, who is authorized under the departmental OLTAS application to make such correction in challan data in bonafide cases, to enable credit of the taxes paid, to the concerned assessee. For details of challan correction mechanism see link given below:

https://www.incometaxindia.gov.in/Documents/challan-correction-mechanism-26082011.htm

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