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Notice u/s 143(1a) : up-dation wrong ay in advance tax

Jatinder Singh Bedi (--) (38 Points)

09 October 2014

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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10 Replies

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 09 October 2014

Contact Assessing Officer.They have the rights to do it.

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 09 October 2014

You can find your AO through efiling site ,know your jurisdiction. Make one request letter to AO along with the supporting evidence.

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 09 October 2014

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.

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 09 October 2014

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.

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 10 October 2014

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.

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 10 October 2014

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.

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 10 October 2014

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.

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 10 October 2014

If you will get refund pay the tax as per latest 143(1) and rectify the return your problem will be solved.

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 10 October 2014

This may take time.So you can contact your jurisdictional income tax officer for quick processing.

Jatinder Singh Bedi (--) (38 Points)
Replied 10 October 2014

Originally posted by : Eswar Reddy
	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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