Wrong tan & wrong a.y. used for tds deposit

This query is : Resolved

YOGESH MUNDHRA (Querist)
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04 August 2012 One of the our client has been directly deposited TDS of Rs. 25000 apprx. related to A.Y. 2012-13 (F.Y. 2011-12) wrongly deposit into bank for use A.Y. 2013-14 (F.Y. 2012-13) alongwith wrong TAN no.

My query is:-
1. Any procedure to claim that amount in TDS return?

2. If, not possible, then how to claim refund since this is deposited with wrong TAN No.

Kindly advice, urgently

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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04 August 2012 NSDL receives tax collection data as uploaded by the bank. NSDL is not authorized to carry out any changes in the data sent by the bank to TIN.

The fields that can be corrected by the Taxpayer through Bank are tabulated below:

Type of Correction on Challan, Period for correction request (in days)
1 PAN/TAN, Within 7 days from challan deposit date
2 Assessment Year, Within 7 days from challan deposit date
3 Total Amount, Within 7 days from challan deposit date
4 Major Head, Within 3 months from challan deposit date
5 Minor Head, Within 3 months from challan deposit date
6 Nature of Payment Within 3 months from challan deposit date

Note :
1. Above correction mechanism is applicable only for physical challans with deposit date greater than equal to September 1,2011.
2. Any correction request initiated by the taxpayer after the time limit specified above shall be rejected by Bank.
3. For challans with challan deposit date from September 1, 2011 to September 30, 2011, the time limit for correction in TAN/PAN, Assessment Year and Amount will be within 45 days from challan deposit date.

For rectifications in challans paid through online mode (internet challan) , taxpayer may contact their concerned Assessing Officer (AO) of the Income Tax Department (ITD).

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YOGESH MUNDHRA

YOGESH MUNDHRA (Querist)
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04 August 2012 Amit Ji, Thanks for reply.

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