Uploaded on Aug 22, 2019
Kanakkupillai is the best income tax filing service provider in Chennai. They help to file Income Tax Returns (ITR) Filing online in Chennai with CA expert assistance and guide you throughout the process. ✓Certified Professionals ✓Minimal Cost ✓Free Consulting.
Income Tax return filing services in chennai - Kanakkupillai
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How to correct mistakes made at the time of
paying income tax – Kanakkupillai
ITR Filling
If a mistake has been made while depositing the income
tax, then such tax deposits will not be reflected in your
Form 26AS and you will not be able to claim tax credit
for the same.
It may happen that while depositing self-assessment tax
or advance tax during the year, you may have selected
the wrong assessment year or the wrong category of tax
to be paid. This could lead to a discrepancy.
Types of ITR Filing
Before we get to that you should know that there are two
ways to pay taxes to the government:
(1) Through physical challans at the bank branch or
(2) Via online payments.
Here is how you can correct the errors in income tax
payments.
If taxes have been paid online
If you have paid taxes online, then correction in such cases
can be made only by your assessing officer (AO).
Step 1: Visit www.incometaxindiaefiling.gov.in
Step 2: On the homepage, under the 'Quick Links' tab, click
on AO in 'Know your TAN|AO'.
Step 3: A new webpage will open on your screen. Enter
your PAN and mobile number.
Step 4: An OTP will be sent on the mobile number.
Enter the OTP.
Step 5: Once the OTP is entered correctly, the address of
your income tax assessing officer will be displayed on
your screen. You will then have to visit the AO's office to
get the correction done.
If tax is paid via bank branch
On the other hand, if the payment of advance tax or self-assessment
tax has been made via bank branch, then bank can correct certain
mistakes within a certain time period.
The mistakes that can be corrected by the bank are:
Assessment Year
Major Head Code
Minor Head Code
TAN/PAN
Total Amount
Nature of payment (TDS Codes)
Corrections done by the bank is as
follows:
However, the bank is allowed to do these changes subject
to certain conditions. These conditions are as follows:
Correction in Name is not permitted.
Correction of Minor Head e.g. self-assessment taxes
and Assessment Year together is not allowed.
PAN/TAN correction will be allowed only when the
name in the challan matches with the name as per the
new PAN/TAN.
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 the government account.
For a single challan, correction is allowed only once.
However, where the first correction request is made
only for amount, a 2nd correction request will be
allowed for correction in other fields.
There will be no partial acceptance of change correction
request.
Conclusion :
Once the tax payer has submitted the request, the banks
will be required to do the correction within seven days.
Missed the deadline to get it corrected?
If you have missed the time limit as mentioned above to get
the correction done by the bank, then you are required to
contact your assessing officer to get the correction done.
Income Tax Return Filing Consult
ants in Chennai
Income Tax Filing Providers in Chennai, Tamil Nadu.
Get contact details and address of Annual Duty
Documenting, Personal Government form Recording firms
and organizations, etc. Kanakkupillai provides the easiest,
Fastest and Safest method of ITR filing Online in Chennai.
Call 7305345345 and get FREE Consulting with CA expert
Guidance.
Kanakkupillai
Kanakkupillai.com is India's biggest business
administration . Kanakkupillai offers a suite of business
administrations like GST registration,
trademark registration, LLP registration,
Professional tax registration, IT Return Filing, etc. at a low
price. It serves as the best office for all types of Tax and
GST Filings and other Registrations. It is the one-stop for
all legal services for Indian Businesses.
Contact Us:
CHENNAI OFFICE
No 13/22 2nd floor, Yatra, TNGO Colony, West Karikalan
street, Adambakkam, Chennai – 88
Phone: 7305 345 345
Email: [email protected]
https://www.kanakkupillai.com/
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