Rectification for tds challan assessment year


This query is : Resolved 

21 February 2019 Hi All,
I am working with an Co. and here I have to file TDS return for Q3. But the person who has done payment has Mistakenly mention wrong AY in the challan which is showing now Unmatch. Ideally the AY has to be 2019-20 but instead it has put 1961-62. Since he year gap in huge. I was unable to do online. I visited the Income Tax Officer..From there I got to know that I have submit Total 3 document 1. application Letter for Rectification which...2. INR 500/- Indemnity Bond 3. NOC from Client....these all in one PDF File less than 2MB.....I have to give them these all documents in Pen Drive......Can Anybody help me with the Format of NOC and Indemnity letter format. I tried to find out online but failed.

It will be great help!!1 Thanks!

21 February 2019 Hi All, I am working with an Co. and here I have to file TDS return for Q3. But the person who has done payment has Mistakenly mention wrong AY in the challan which is showing now Unmatch. Ideally the AY has to be 2019-20 but instead it has put 1961-62. Since he year gap in huge. I was unable to do online. I visited the Income Tax Officer..From there I got to know that I have submit Total 3 document 1. application Letter for Rectification which...2. INR 500/- Indemnity Bond 3. NOC from Client....these all in one PDF File less than 2MB.....I have to give them these all documents in Pen Drive......Can Anybody help me with the Format of NOC and Indemnity letter format. I tried to find out online but failed. It will be great help!!1 Thanks!

20 July 2025 Here are simple, professional formats for the NOC and Indemnity Bond you can use to submit with your rectification application for the TDS challan AY correction:

1. No Objection Certificate (NOC) Format
[Company Letterhead]

Date: _______________

To,
The Assessing Officer,
Income Tax Department,
[Office Address]

Subject: No Objection Certificate for Rectification of AY in TDS Challan

Dear Sir/Madam,

This is to certify that we, [Client Company Name], have no objection to the rectification of Assessment Year mentioned in the TDS challan dated [Challan Date] with Challan Identification Number (CIN) [CIN Number], where the Assessment Year was wrongly recorded as [Wrong AY], whereas the correct Assessment Year should be [Correct AY].

We hereby authorize [Your Company Name] to submit the rectification application and related documents on our behalf.

Thank you.

For [Client Company Name],

Authorized Signatory
Name: _______________
Designation: _______________
(Company Seal)
2. Indemnity Bond Format
[Company Letterhead]

Date: _______________

INDEMNITY BOND

This Indemnity Bond is executed on this __ day of ____________, 20__ by [Your Company Name], having its registered office at [Address] (hereinafter referred to as "The Indemnifier").

Whereas the TDS challan dated [Challan Date] bearing Challan Identification Number (CIN) [CIN Number] for an amount of Rs. [Amount] was mistakenly filed with incorrect Assessment Year [Wrong AY] instead of [Correct AY].

Now, therefore, the Indemnifier hereby agrees and undertakes to indemnify and keep indemnified the Income Tax Department against any loss, damage, cost, or expense that may arise on account of rectification of the said mistake.

The Indemnifier further undertakes to comply with all directions issued by the Income Tax Department with regard to this rectification.

Signed and delivered by

For [Your Company Name]

Authorized Signatory
Name: _______________
Designation: _______________
(Company Seal)

Witness:

1. _____________________
Name & Address

2. _____________________
Name & Address
3. Application Letter for Rectification
You can write a simple application covering the facts and request the rectification.



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