Tax demand u/s 143(1)

Hi,

We have received Notice u/s 143(1) for AY 2011-12 from the department mentioning the amount of tax payable.

The situaion is , my client while paying the tax in online for AY 2011-12 had mistakenly mentioned the AY as 2010-11. However he had actually done the payment for AY 2011-12. After realising the mistake he had sent a letter to the department  describing the mistake that happend. 

Now we received an Intimation letter u/s 143(1) demanding the tax payable for AY 2011-12. They wants pay the whole tax.

Can anyone suggest in this?

 

Replies (4)

I am opinoing ,  we have to sent again an letter to the department describing the mistake that happend??

Am i Correct?

Shantha

You have to approch bank for correction in challan for Assessment Year.

There are Challan correction guideline prescribed by RBI.

 

If time has gone for correction than you should contect jurisdctional A.O.  with application and copy of chllan and copy of bank statements  of bank account from where you have issued cheque.

 

It takes time but  they will correct it.

Cannot approach bank as the time period would have elapsed. You need to approach AO.

You can get the details in the following link

https://www.incometaxindia.gov.in/archive/leftmenu_challancorrectionmechanism_26082011.pdf

Dear Shantha,

 

You should visit the office of your jurisdictional A.O and submit your reply along with the copy of challan, bank statement and ITR of last year accompained with the tax challan deposited for last year and reveal to him, that ur client have no arrear of tax of last year, so tax deposited in current year soloey pertains to current year and due to clearial mistake, the benefit of credit of tax can't be denied.

 

 

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