wrong assessment year mention in challan

Querist : Anonymous (Querist) 16 April 2010 This query is : Resolved
R/sir,my client deposited income tax in the bank mentioned A Y 2009-10 instead of AY 2010-11. What is the procese of correction..

Thannx....

Follow Query

Report Abuse

Raj Kumar Makkad (Expert) 16 April 2010
Either supplementary challan or mere a letter supported with an affidavit should be filed with the authority.

Vineet (Expert) 16 April 2010
I seriously doubt whether method suggested by Makkad Ji shall be fruitful as the credit for tax payment is provided on the basis of TIN input where the payment will disclose for AY 2009-10. There is nothing called supplementary challan.

Better, file a revised return for AY 2009-10 and claim refund.

soumitra basu (Expert) 16 April 2010
Write a letter to the Income Tax Officer stating the mistake committed in the challan. Ask him to give credit in the assessment year 2010-11 not in 2009-10. I think he will do the needful. If he does not agree then file an petition under section 154 and get the refund. After rectification, write a letter to adjust the refund with the following years demand, if any.

mahendrakumar (Expert) 17 April 2010
there is nothing called supplementary chal lan and challans are filled at the time of remitting tax only.

best viable actions is to file a revised return for AY 2009-10 and claim refund.

also make fresh payments for tax dues for ay 2010-11 .

Parthasarathi Loganathan (Expert) 17 April 2010
Filing of revised Return is the only option. There is a provision in the application itself to address this matter.

Querist : Anonymous (Querist) 17 April 2010
I m realy thanful to the club for provied us a vry good experts that is boost my practice and REALY HELPINGHAND FOR NEW COMMER..Thank u very much to all sirs..