It return filing

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Pradeep kumar (Querist)

01 December 2014 How to rectify mistake in IT return? While paying self assessment tax I selected AY:13-14 instead of 14-15 in challan. I also used the same details while filing return. Now I received notice due to this mistake.Pls help me, and How to rectify this?

VAMSI ASSOCIATES/S.PHANI RAJ

VAMSI ASSOCIATES/S.PHANI RAJ (Expert)

02 December 2014 SAME PROBLEM ALSO MINE U CAN PUT A LETTER TO YOUR CONCERN ITO REGARDING THE MISTAKE

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)

02 August 2024 If you have made an error in selecting the Assessment Year (AY) while paying self-assessment tax and subsequently while filing the Income Tax Return (ITR), you can follow these steps to rectify the mistake:

### Steps to Rectify the Mistake

1. **Verify the Error:**
- **Self-Assessment Tax Payment Error:** Confirm that the self-assessment tax payment was made for the wrong AY (e.g., AY 2013-14 instead of AY 2014-15).
- **ITR Filed with Incorrect Details:** Ensure that the ITR was also filed using the incorrect AY details.

2. **Rectify the Tax Payment:**
- **Correction Request:** You need to request the Income Tax Department to adjust the payment made for the incorrect AY. This is generally done through the **CPC (Central Processing Centre)** or the **Jurisdictional Assessing Officer (AO)**.
- **Form 15G/15H:** If the incorrect payment was for the AY 2013-14 but should be for AY 2014-15, you may need to request a refund or adjustment.

3. **File a Revised Return:**
- **Prepare Revised ITR:** Prepare and file a revised return for the correct AY (e.g., AY 2014-15) with the correct details.
- **Form Selection:** Select the correct ITR form based on your income and filing status.
- **Revised ITR Section:** Use the section for revised return while filing online, and mention the details of the original return that was filed erroneously.

4. **Submit Rectification Request:**
- **Online Rectification:** You can file a rectification request online through the Income Tax e-filing portal. This is done under the **“Rectification”** option after logging into your account.
- **Request Type:** Choose the appropriate type of rectification request, such as **“Income Tax Return”** or **“Tax Credit Mismatch”**.
- **Details:** Provide all required details and upload any supporting documents.

5. **Follow Up:**
- **Acknowledgment:** After submitting the rectification request, keep track of the status. The Income Tax Department will process the request and adjust the payment accordingly.
- **Communication:** Be prepared to communicate with the Income Tax Department or your Assessing Officer if additional information or clarification is required.

### How to File Rectification

1. **Log in to the Income Tax e-filing Portal:**
- Visit the [Income Tax e-filing website](https://incometaxindiaefiling.gov.in/).
- Log in using your credentials.

2. **Select the Rectification Option:**
- Go to **“e-File”** > **“Rectification”**.
- Choose **“Rectification Request”**.

3. **Choose the Type of Rectification:**
- Select the appropriate **“Order Type”** and **“Nature of Rectification”**.
- If you’re correcting the AY or correcting errors related to tax payment, choose the relevant options.

4. **Upload Necessary Documents:**
- Attach any required documents or proof of payment, if necessary.
- Mention the correct details in the rectification request.

5. **Submit and Track Status:**
- Submit the rectification request.
- Monitor the status on the e-filing portal for updates and approvals.

### Summary

- **Correct the Payment:** Request adjustment or refund for the incorrect payment made for the wrong AY.
- **Revise the Return:** File a revised return for the correct AY with accurate details.
- **Submit Rectification Request:** Use the online portal to submit a rectification request if needed.

For detailed assistance and to ensure compliance with all requirements, it’s advisable to consult with a tax professional or chartered accountant.

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