TDS assessment year is wrong.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 December 2010 While making e-payment of TDS by mistake wrong assessment year selected. There is any procedure available to rectify this mistake.
For eg.
party's name: XYZ
Bank : ABC
Assessment Year: 2011-2012.(while assessment year was selected is 2010-2011)

This is due to clerical mistake

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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01 December 2010 Write a letter to your TDS AO requesting him for correction in Challan Data. Also attach a copy of the said challan.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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01 December 2010 Required Format:

Date :..........

To
The ITO
Ward.57 (3), TDS, Kolkata
10B, Middleton Row
Kolkata – 700 071

Sub: Request for Correction and/or rectification of Section in TDS challan.

Sir,

This is to inform you that we had deposited TDS of1000/- (One Thousand Only) u/s 194-J pertaining to the month of March’2010 but at the time of online payment of the said amount the Assessment Year was wrongly selected as 2010-11 instead of 2011-12.

We therefore request you to kindly make the necessary correction in your records. We are also enclosing a photocopy of the said challan.

We regret for our inadvertent mistake.

Thanking you,

Yours faithfully,

For .................... Pvt. Ltd.

(Authorized Signatory)

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

01 December 2010 Thank you

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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14 September 2011 Correction in OLTAS challan _ New Mechanism applicable only for Challan with deposit date greater than equal to September 1, 2011.

For details see below link---

https://www.caclubindia.com/forum/correction-in-oltas-challan-new-mechanism-167542.asp

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