During the payment of Advance Tax for AY 2013-14 , errornously FY 2012-13 was being mentioned. This has resulted into 143(1) from income tax department. and 26 AS refelecting the Advance Tax amount.
Kindly guide how the same can be ractified.
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Notice u/s 143(1a) : up-dation wrong ay in advance tax
Replies (10)
Contact Assessing Officer.They have the rights to do it.
You can find your AO through efiling site ,know your jurisdiction.
Make one request letter to AO along with the supporting evidence.
If you are a salaried employee, even if you pay advance tax correctly to particular year you will not be able to get the credit of the same.Because incase of employees getting salary more than maximum exemption limit tax should go to department as tds from TAN-ETDS of employer.Any other mode will not be considered except self assessment tax.
I think you have not understood your problem with respect to the year.AY-2013-14 and and FY-2012-13 both are one and the same.
If it has gone AY-2012-13 as advance tax you may get following two situations ,
1.2012-13 AY ITR not filed earlier---IF no real income Show some business income upto maximum exemption limit and file the return under section 142.
2.2012-13 AY ITR already filed---Some income already might be there.Then show little business income and revise the return.
Claim the refund for 2012-13 AY after receiving the same just pay the tax as self assessment tax for the year 2013-14 AY.
If the tax has wrongly gone to 2012-13 AY as advance you will not get any refund on filing or revising the return unless you show business income.Because advance tax for salaried employees will not be considered by IT department in most of the cases.
If you will get refund pay the tax as per latest 143(1) and rectify the return your problem will be solved.
This may take time.So you can contact your jurisdictional income tax officer for quick processing.
| Originally posted by : Eswar Reddy | ||
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This may take time.So you can contact your jurisdictional income tax officer for quick processing. |  |
Sir , I am salaried employee . In FY 2012-13 got my job switched . The earlier employer has not deducted the TDS , so I have to file the Tax but errornously there was AY error as I mentioned AY as 2012 -13 instead of 2013-14.
Further , I got the dues paid ( again) to the Income Tax deptt after receiving the notice. But , later reliased the error and now wanted to get the excess payment refunded
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