Wrong tan mentioned by bank
Querist : Anonymous
1 ) By over singht by staff has paid Rs 2,25,000/- in different TAN & IN another case RS 1,40,000/- challan amount bank has mention wrong TAN
pl sugges how do i rectifiy this both TAN CORRECTON .
https://www.caclubindia.com/experts/details.asp?mod_id=1207104#.UXkZgqJTBZ0
Querist : Anonymous
pl suggest any way out
Here’s what you can do next:
1. File a Refund Claim with the Bank or TIN NSDL
Since the payment was made against a wrong TAN, the amount would be credited to someone else’s account.
You should file a refund claim with the bank or through the TIN NSDL portal, explaining the mistake.
Attach the proof of payment, correct TAN, and a letter explaining the issue.
2. Approach the Assessing Officer (AO) or Jurisdictional Income Tax Department
Inform the AO about the wrong TAN payment and submit all supporting documents.
The AO can help adjust or transfer the amount to the correct TAN account or provide a refund order.
This process may take time but is often necessary when the bank can’t correct the challan.
3. File TDS Return with Correct TAN
While the refund process is ongoing, ensure that in your TDS return you mention the correct TAN.
Also, inform your deductors or entities involved about the correct TAN to avoid future mistakes.
4. Preventive Measures
Always verify TAN carefully before making payments.
Keep all challan and bank receipts safely for quick reference.
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