Hello, Tax was deposited for 2011-12 in 2014-15 in response to property sale notice. Now it reflects in the for 26AS successfully but returns could not be filed that year and this year as dates were over. Now it is determined that no capital gains were made hence the tax deposited in hurry due to non availabllity of data was in excess. Since the returns were never filed, how to claim the refund for 2011 now? Should I meed the ITO or any other suggestion??
| Originally posted by : NAVIN AGICHA | ||
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Go for challan correction, and change challan period from 11-12 to 14-15, and file return and get refund. This is my opinion, confirm this from others and proceed. |  |
Sir how to go for challan correction? Should I approach the bank or whom? Any procedure guidelines?
Dear Uttam,
You should correct the A.Y. in challan by your Assessing officer only.
The bank has no authority to correct the same.
You should contact your ITO to do needful.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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