Article explains how we can get corrected Physical Income Tax / TDS challan after payment through Bank with period of correction and format to apply for correction.
Recently I faced a situation where the tax demand on regular assessment of my client for A.Y 2016-17 was deposited with a nationalized bank but wrongly the said payment of demand was done towards A.Y 2017-18. This situation may have been faced by many assessees because there may always a possibility of mentioning wrong Assessment year or wrong PAN/TAN etc in the TDS Challan or in Income Tax Challans.
In such situation the first thing that comes to mind is how one can get the challan corrected after the payment of tax so that right credit of tax is given to the assessee/deductor concerned. The power to amend such wrong details in challan after payment of tax in OLTAS has been given to Assessing officer and Bank depending upon the type of correction, which has been provided as follows for the benefit of all concerned. At present, the banks are permitted to correct data relating to three fields only i.e. amount, major head code and name. The other errors can be corrected only by the assessing officers.
The fields that can be corrected and the entity authorized to carry out corrections on challan with deposit date less than September 1, 2011 are as below:
| Sr. No. | Type of Correction on Challan | Performed By |
| 1 | PAN/TAN | Assessing Officer |
| 2 | Assessment Year | Assessing Officer |
| 3 | Major Head | Assessing Officer /Bank |
| 4 | Minor Head | Assessing Officer |
| 5 | Nature of Payment | Assessing Officer |
| 6 | Total Amount | Bank |
| 7 | Name | Bank |
In case of physical challans with deposit date greater than equal to September 1, 2011, the fields that can be corrected by the Taxpayer through Bank are tabulated below:
| Sr. 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 | Major Head | Within 3 months from challan deposit date |
| 4 | Minor Head | Within 3 months from challan deposit date |
| 5 | Nature of Payment | Within 3 months from challan deposit date |
| 6 | Total Amount | Within 7 days from challan deposit date |
The time window for correction by the bank is 7 days from the date of receipt of correction request from the tax-payer.
Please Note
1. Thus application should be made for correction to the A.O or Bank in case of any mistake in Income Tax/TDS Challan depending upon the type of correction as mentioned above.
2. For challans with challan deposit date from September 1, 2011 to September 30, 2011, the time limit for correction in TAN/PAN, Assessment Year and Amount will be within 45 days from challan deposit date.
Conditions:
The changes can be made by the banks, subject to following conditions:
i. Correction in Name is not permitted.
ii. Any combination of correction of Minor Head and Assessment Year together is not allowed.
iii. PAN/TAN correction will be allowed only when the name in the challan matches with the name as per the new PAN/TAN.
iv. The change of amount will be permitted only on the condition that the amount so corrected is not different from the amount actually received by the bank and credited to Govt. Account.
v. For a single challan, correction is allowed only once. However, where 1st correction request is made only for amount, a 2nd correction request will be allowed for correction in other fields.
vi. There will be no partial acceptance of change correction request, i.e. either all the requested changes will be allowed, if they pass the validation, or no change will be allowed, if any one of the requested changes fails the validation test.
Procedure:
i. The tax-payer has to submit the request form for correction (in duplicate) to the concerned bank branch.
ii. The tax-payer has to attach copy of original challan counterfoil.
iii. In case of correction desired for challans in Form 280, 282, 283, the copy of PAN card is required to be attached.
iv. In case of correction desired for payments made by a tax-payer (other than an individual), the original authorization with seal of the non-individual taxpayer is required to be attached with the request form.
v. A separate request form is to be submitted for each challan.
Procedure of challan correction by Assessing Officers (both physical and e-payment challans)
After the window period available to banks for challan correction, the assessee can make a request for correction to his or her assessing officer, who is authorized under the departmental OLTAS application to make such correction in challan data in bonafide cases, to enable credit of the taxes paid, to the concerned assessee.
Format of application to bank for challan correction to be requested by the taxpayer
To
The Branch Manager,
…………………………. (Address of Branch)
Taxpayer Details :
Taxpayer Name :
Taxpayer Address :
Taxpayer TAN/PAN :
Name of Authorized Signatory :
(in case of non-individual taxpayer)
Sub : Request for Correction in Challan No: 280/281/282/283 [Strike out which ever is not applicable]
Sir/Madam,
I request you to make corrections in the challan data as per following details :
Challan Details:
| BSR Code | Challan Tender Date (Cash/Cheque Deposit Date) | Challan Sl. No. |
–
| Sl. No. | Fields in which correction required | Please Tick | Original Details | Modified Details |
| 1. | TAN/PAN (10 digit) | |||
| 2. | Assessment Year (YYYY) | |||
| 3. | Major Head code (4 digit) | |||
| 4. | Minor Head code (3 digit) | |||
| 5. | Nature of Payment (3 digit) | |||
| 6. | Total Amount (13 digit) |
Note: Please tick against the relevant fields where changes are required.
Tax payer/Authorized Signatory Date
Note:
1. Attach copy of original challan counterfoil.
2. In case of correction to challan 280, 282, 283 attach copy of PAN card.
3. In case of a non-individual tax payer, attach the original authorization with seal of the non-individual tax-payer.
4. The request form for correction is to be submitted in duplicate to the bank branch.
5. A separate request form is to be submitted for each challan.
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Author Bio
Sir,
In one of our client case, due to mistake the Name and TAN was written of other party, though the payment was made from correct bank account. Now the Bank is not helping in filing correction to NSDL or they do not know the procedure. Could u pl tell what the procedure which bank has to follow so that we can convince them
Thanks
We deducted the TDS with Wrong TAN No. so what to do??
Please provide the format of letter require to file with A.O.
Thanks.
we deducted the TDS with Wrong TAN No. so what to do??
Please provide the format of letter require to file with A.O.
Sir I have deposited tax online through state bank of india but while depositing tax .I have selection in deductees type I have wrong select wrong dedudtee that is company deductee. Sir please How i Solve It
Sir, I have paid TDS on 94-A for the Asst Year 13-14 with wrong section code as 94-C. Kindly explain how to rectify the challan which we have deposited on 29/01/2013 Amounting to Rs. 1230/- in IDBI Bank Ltd., Court Road, Amritsar BSR Code – 6910272 Challan Serial No. 01
Sir I have paid tds by challan. but selection in deductees type I have wrong select wrong dedudtee that is company deductee. Sir please How i Solve It
yesterday i paid tds amount by wrong tan no for paid amount pls suggest to in this query tan no AHMG03925F by mistake AHMM03925F
Dear sir,
on December 14 2013 i have paid advance tax on Personal PAN number, which was suppose to be paid in HUF pan number, both pan name is in the same name. Today i found that i have made a mistake as i will be filing my IT returns next month. How should i correct the Pan number, can i transfer the money to the correct pan number do i still have time do do so. Please advise.
Sir, i have paid TDS 94J online through e-payment bank of baroda dated-31.03.2013 but TDS Challan not printed, please advice me how can print this challan?
Please advice me, I have paid Online Tax Payment twise A/Y 2012-2013. Please advice me Procedure to Cancellation Challan one challan.
Hello Sir,
we deducted the TDS with Wrong TAN No. so what to do??
Please provide the format of letter require to file with A.O.
Dear sir,
I have made payment for self assessment for a.y 11-12 but in challan i quted 10-11 so in intimation deemand is created so how to rectify this
Pls sir advice me, i have paid online
TCS payment A/Y 2013-2014 but i wrongly tick on A/Y 2012-2013, while , i want to tick on A/Y 201-14. pls sir advice me procedure to rectify challan.
I have deposited tax online through state bank of india but while depositing tax I have deposited in AY 2012-2013 instead of 2013-2014 please guide me rectify the challan
Please advice me, I have paid Online TDS Payment F/Y 2013-2014 my total amount with interest is rs. 56002/- but but I wrongly type of interest Payment of rs. 56002/- ( actual intrest amount 1851) & basic tax amount of rs. 54151 so deduct in our a/c total rs. 110153/-please advice me Procedure to rectify my mistake
i Have Paid Excess Amount of TDS on Contractor for the Assessment Year 2013-14 by 94C.
But How can i get My this Excess amount of TDS Return.
Tell me the Procedure if any…..sir
Respected sir i have paid by mistake 22041 tds in april-2012 and 23000 is payable in dec-2012 can i adjust that Rs 22041 in dec-2012 and bal with another challan for rs 959 in dec or nat please guide me
I DEPOSITED ADVANCE TAX CHALLAN IN THE BANK WITH WRONG ASSESSMENT YEAR 2011-12 IN LIEU OF 2012-13 PLEASE HELP ME TO ADJUST IN MY TAX AMOUNT
Sir, I have paid Advance tax throught e- payment for the Asst Year 13-14 under TDS section 192 and I have filed the Return as well. Kindly explain how to rectify the challan and return which we have filed
Sir, I have paid TDS on 94-C throught e- payment for the Asst Year 12-13 with wrong section code as 94-A and I have filed the Return as well. Kindly explain how to rectify the challan and return which we have filed
SIR MY NAME IS DIVYA AND I DEPOSITED SA TAX CHALLAN IN THE BANK WITH WRONG ASSESSMENT YEAR INSTEAD OF WRITTING AY 2011-2012 I WRITE AY 2012-2013 PLEASE HELP ME TO GET REFUND
have deposited tax online through state bank of india but while depositing tax I have deposited in AY 2012-2013 instead of 2013-2014 please guide me rectify the challan
I have deposited tax online through state bank of india but while depositing tax I have deposited in AY 2012-2013 instead of 2013-2014 please guide me rectify the challan
TDS payment A/Y 2013-2014 but i wrongly tick on A/Y 2012-2013, while , i want to tick on A/Y 2013-14. pls sir advice me procedure to rectify challan.
I have paid all TDS in 94C instead of bifircating it to 94J & 94C for the month of April 2012.Please guide us how I can rectify the entry made in Challan.
dear sir, i have deposit interest but wrongly deposit income tax head please suggestion to me
Hi All,
The above authorisations for corrections have been provided at nsdl site at the following link
This is take you to the correct page – tin-nsdl.com/OLTAS-note.asp
Sir, Whether demand can be cancelled or not after filing correction ETDS returns in case of pan correction
respected sir i am supplying materials in a govt. depart ment , when the bill payment TDS 2parcnnt dected form the bill and give us tds certificate . i submit tds certificate to return 08-09 in i.t department in assessment year . but the agent of dapart ment donot up lod TDSin NSDL . Recent 5/6/12 IT department demand notice sand my address. PLS HELPME09436481793.
TDS Payment made in 92B instead of 94A dt.07.06.2012 deposting bank, Now How to rectify in Section, What Procedure Please reply us me.
Sir, I have paid TDS on 94-C throught e- payment for the Asst Year 12-13 with wrong section code as 94-A and I have filed the Return as well. Kindly explain how to rectify the challan and return which we have filed
I make the payment of TDS on line thru SBI both section 94A and 94H in in one u/s94A, please advide me to it should be changed in seperate type of payment.
Pls sir advice me, i have paid online
TDS payment A/Y 2012-2013 but i wrongly tick on A/Y 2011-2012, while , i want to tick on A/Y 2012-13. pls sir advice me procedure to rectify challan.
Please advice me, I have paid Online TDS Payment A/Y 2012-2013 but I wrongly Tick on type of Payment 92A while I want to tick on 94A. Please advice me Procedure to rectify Challan.
I have made excess payment of advance tax while paying “ONLINE” through SBI. An extra “ZERO” added by mistake changed the amount from thousands to lacs and its hurting me.
Can the bank correct the challan ? IF not can the Assessing Officer do it ? If so, what’s the circular/ notification no. Please give me the details. Both Bank and AO have refused saying claiming “REFUND” is the only answer. The IT Dept website gives details of challan correction mechanism but does not quote any circular
We had deposited an advance tax on 12/09/2007 in our bank. When the advance tax was uploaded the PAN was wrongly entered due to which it is not reflecting against our name in 26AS.
We submitted a letter to the Assessing for rectification of the same alongwith the bank certificate and tax payers challan counterfoil. The same has
been rectified by the AO, but it is still not reflected in the 26AS. I was informed that NSDL is responsible for the 26AS entries. I have written to them and attached the screenshot got from the AO showing the change in PAN with all supporting documents. Unfortunately they have still to respond.
Please advice me, I have paid Online TDS Payment A/Y 2012-2013 but I wrongly Tick on type of Payment 94B while I want to tick on 94C. Please advice me Procedure to rectify Challan.
I HAVE DEPOSITE A CHALLAN OF TDS THROUGH INTERNET BUT IT IS LOOKING TAX APPLICABLE AND TYPE OF PAYMENT BLANK AND NOT LOOKING OUR DEPOSITE CHALLAN IN OLTAS THAN WHAT SHOULD I DO
Please advice me, I have paid Online TDS Payment A/Y 2012-2013 but I wrongly Tick on type of Payment 92B while I want to tick on 94A. Please advice me Procedure to rectify Challan.
we have paid excess payment of TDS u/s 94 I . Can we adjust the excess paid amount ag. any other TDS payment for different section in future?
Dear Sir,
Please give me any application format for wrong PAN No written in Advance Tax Challan. and please also let me know where I have to give this application. I live in Jaipur & my income tax file in Delhi.
Dear Shri Bajaj’
Kindly send circular no.
Thanking you
i Have faced same problem & made corrected the Challan.All Request persons r requsted to send ur E-mail ID So that i could sent Format of Application & Other Documentary Compliance.
cakaish@gmail.com
Dear Amit ji,
Congratulations for your consistent good and informative efforts
Sir,
In one of our client case, due to mistake the Name and TAN was written of other party, though the payment was made from correct bank account. Now the Bank is not helping in filing correction to NSDL or they do not know the procedure. Could u pl tell what the procedure which bank has to follow so that we can convince them
Thanks
Dear Sir,
I also faced same problem self assessment tax was deposited as tax paid on regular assessement, I approached the AO he extrended his help in gettong corrction on OLTAS and correction is carried out by him
the above authorisations for corrections have been provided at nsdl site at the following link
http://www.tin-nsdl.com/OLTAS-note.asp
In our own case while paying the advance tax in the Bank for the assessment year 2007-08 instead of quoting the PAN of the firm PAN of the partner was written the challan. Then it was accepted by the Bank also though the PAN and the name did not match because the Bank did not have access to PAN data base. While processing the return demand was raised with interest. Since the assessment of the partner was also in the same Commissionarate, rectification petition was filed in April 2009 giving details of assessment of the partner wherein the advance tax was not claimed. But till date there is no response from the department. It is not known whether the Income Tax Officers are aware of the powers given to them for correction or they are not able to carry out the corrections because of lack of computer knowledge.
generally Ao not allow any such correction, and they show there helpness becuse data is centralised at banglore
regards
Pl provide circular number since I am also facing such type of problem and assessing officer is not reddy to rectify the mistake.