Title: Income Tax Return Filing Consultants in Chennai | Kanakkupillai
1How to correct mistakes made at the time of
paying income tax Kanakkupillai
2ITR 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.
3Types 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.
4If 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 TANAO'.
5 6Step 3 A new webpage will open on your screen.
Enter your PAN and mobile number.
7Step 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.
8If 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)
9Corrections 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.
10- 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.
11Conclusion
- 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.
12Income Tax Return Filing Consultants 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.
13Kanakkupillai
- 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.
14Contact Us
- CHENNAI OFFICE
- No 13/22 2nd floor, Yatra, TNGO Colony, West
Karikalan street, Adambakkam, Chennai 88 - Phone 7305 345 345
- Email support_at_kanakkupillai.com
- https//www.kanakkupillai.com/
15Thank You