Tax credit mismatch

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sanjay (Querist)

04 November 2017 hello All
I have by mistake selected assessment yr 2016-17 instead of 2017-18 in the challan 280. Now the tax is credited in the previous yr. My question is what can i do to rectify it?
Pl advise.
Thanks

Adv. Rajesh Chhangani

Adv. Rajesh Chhangani (Expert)

04 November 2017 If payment is made by you in paper format (at bank counter) then within 7 days bank can rectify the same but if you have paid the said challan by online mode then you can get the correction by making a request for correction to your assessing officer in prescribed format.

sanjay

sanjay (Querist)

04 November 2017 Sir
What is the prescribed format. Pl tell.

Adv. Rajesh Chhangani

Adv. Rajesh Chhangani (Expert)

04 November 2017 To The Branch Manager, …………………………. (Address of Branch) Taxpayer Details : Taxpayer Name : Taxpayer Address : Taxpayer TAN/PAN : Name of Authorized Signatory (in case of non-individual taxpayer); Sub : Request for Correction in Challan No: 280/281/282/283 Sir/Madam, I request you to make corrections in the challan data as per following details: Challan Details: BSR Code Challan Tender Date (Cash/Cheque Deposit Date) Challan Sl. No. Correction fields: Sl. No. Fields in which correction Required Please Tick Original Details Modified Details 1.TAN/PAN (10 digit) 2.Assessment Year (YYYY) 3.Major Head code (4 digit) 4.Minor Head code (3 digit) 5.Nature of Payment (3 digit) 6.Total Amount (13 digit) Note: Please tick against the relevant fields where changes are required. Signature Tax payer/Authorized Signatory Date you may use columnar format instead. I just mentioned required fields .

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