Wrongly paid IT (Minor Head)

Dear All,

I have paid IT for Rs. 1570/- in self assessment tax instead of regular assessment tax. Can I leave as it is or what I have to do next? please advise.

Regards
Kamal
Replies (14)
Write a letter to your Assessing Officer requesting him to change the Minor Head. Not a big issue, but a bit lengthy procedure.
thank you
what will happen if I leave as it Is?
You may get a demand notice under the required head.
Later at that time you may have to request the AO to do the required change.
If the AO is friendly, no issues. Else you may have to run around in the tax office.
oh.... thank you so much...

Pl check with your bank first whether they can make the change as per https://www.tin-nsdl.com/services/oltas/oltas-note.H T M L

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.
Thank you,
Is this applicable for online payments?

only for physical challans as mentioned above

 

ok thanks

if paid throgh net banking then ?

 

if paid throgh net banking then ?

 

we have to approach AO

ok

 

Hi sir May I know the procedure for changing the minor head if I have paid the due amount to wrong minor head via online?? 

Should I have to meet AO in tax office? What is the procesupr to change it?

 

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