Section 143 claim incorrect tax credit

Tax queries 407 views 4 replies

while paying the self assesment tax for FY2013-14,i had incorrectly entered the assesment year as 2012-13,and therefore the credit was not showing in form 26as.Subsequently i had given an application to the jurusdictional officer to correct the same in form 26as.However nothing happened and i filed my returns.However i have got a claim for payment for fy2013-14,as the same is not reflected in the form 26as.My tax consultant has told me that the rectification under section 154 and the old apllication for correction has to be given to the local IT office(jurisdictional office).Kindly guide me if this is the right way.

Replies (4)
though correction of challan is not a case of rectification under 154, but the procedure is correct..... once the challan details are corrected after that rectification under 154 can be applied for.

The application for correction was given to the local IT office and a stamped reciept was taken,yet i cant see the change in form26as.Either they are unable to do it or they are sitting on it,Do i have to go and visit the IT office to sort it out,Iam planning to attach the stamped reciept of the application along with the section 154 rectification/Kindly advice.

 

Hi,

Take the challan copy with you and explain the matter to ito, they will chaange it immediately in their system and hand over to you the revised demand order. In case the tell you that this is the problem with cpc, kindly ask them for a written reply. 

For any further issues pm or mail me.

AJH & CO

anubhavjain @ ajhco.in

yes visit IT office, talk to your ito and sort out the problem. you are correctly enclosing copy of application for correction along with rectification application.


CCI Pro

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