Outstanding tax demand

995 views 4 replies

Hi,

    I recieved an outstanding tax demand last year and i paid the amount specified in CPC today thru online using axis bank and i got a reciept containing the challan number but i made a mistake of typing incorrect assessment year so will der would be a problem in deducting the amount due to incorrect assessment year.

 

Thanks,

Shailesh Nair.

Replies (4)

Draft a requesting letter to Your Assessing Officer along with cpc communication letter and your axis bank tax payment challan. don't worry about the same this issue will solved soon when you visit your assessing officer.

Visit the AO of your respective ward, with a request letter stating the concern and PAN number with the copy of challan. Make sure to take two copies of this letter, get it recieved by them, for your proof in future. There will be no problem getting it adjusted. Also if they do any adjustment on sight, ask for rectification order. As this rectfication order will be final that you will not recieve any demand order in future.

AJH & CO

9868729930

YOU DONT HAVE TO VISIT A.O. OR DRAFT A LETTER.

YOU HAVE TO DEMAND ORDER U/S 143(1) ONLINE FROM SITE

THEN RECTIFY IT BY SELECTING TAX CREDIT MISMATCH. THIS PROCESS WILL BE DONE FOR THE YEAR YOU WROTE FALSE ASSESSMENT YEAR.

THEN U WILL RECEIVE REFUND.

NOW YOU HAVE TO PAID DEMAND UNDER HEAR "400" IN CHALLAN.

PLEASE DONT MAKE DEMAND PAYMENT NOW AND FOLLOW ABOVE MENTION PROCESS FIRST.

Tax Challan can be rectified by below mentioned procedure. 

You have to rectify your assessment year.

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

Sl. No.

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.
  4. The fields that can be corrected and the entity authorized to carry out corrections on challan with deposit date less than September 1, 2011 are as below:

Sl. No.

Type of Correction on Challan

Performed By

1

PAN/TAN

Assessing Officer

2

Assessment Year

Assessing Officer

3

Major Head

Assessing Officer /Bank

4

Minor Head

Assessing Officer

5

Nature of Payment

Assessing Officer

6

Total Amount

Bank

7

Name

Bank


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

I have attached Challan Correction Mechanism in PDF format:

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