Have you selected wrong Assessment year, Wrong payment code, Wrong Pan/Tan? Then you will find this post useful in order to correct tax paid challan.
Procedure of challan correction by banks (for physical challans):
Income tax
payments made on or after 1.9.2011, the following fields can be got corrected through the
concerned bank branch:
- Assessment
Year - Major
Head Code - Minor
Head Code - TAN/PAN
- Total
Amount - Nature
of payment (TDS Codes)
The
time limit for the correction request by tax payer is as follows:
time limit for the correction request by tax payer is as follows:
|
S.
No
|
Correction required in
Field name
|
Period of Correction Request
(from Challan Deposit Date)
|
|
1
|
TAN/PAN
|
7 days
|
|
2
|
Assessment Year
|
7 days
|
|
3
|
Amount
|
7 days
|
|
4
|
Other fields
(Major head, Minor head,
Nature of payment) |
Within
3 months |
The time window for correction by the bank is 7
days from the date of receipt of correction request from the tax-payer.
days from the date of receipt of correction request from the tax-payer.
Conditions:
The changes can be made by the banks, subject to
following conditions:
following conditions:
- Correction in Name is not permitted.
- Any combination of correction of Minor Head 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 Govt. Account.
- 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.
- 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:
- The tax-payer has to submit the request form for
correction (in duplicate) to the concerned bank branch.
- The tax-payer has to attach copy of original
challan counterfoil.
- In case of correction desired for challans in Form
280, 282, 283, the copy of PAN card is required to be attached.
- 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.
- A separate request form is to be submitted for each
challan.
Procedure
of challan correction by Assessing Officers (both physical and e-payment
challans)
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.
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)
(Address of Branch)
Taxpayer Details :
Taxpayer Name :
Taxpayer
Address :
Address :
Taxpayer
TAN/PAN :
TAN/PAN :
Name
of Authorized Signatory :
of Authorized Signatory :
(in
case of non-individual taxpayer)
case of non-individual taxpayer)
Sub
: Request for Correction in Challan No: 280/281/282/283
: Request for Correction in Challan No: 280/281/282/283
[Strike
out whichever is not applicable]
out whichever is not applicable]
Sir/Madam,
I request you to make corrections in the challan data as per following details:
Challan
Details:
Details:
|
BSR Code
|
Challan
Tender Date
(Cash/Cheque
Deposit Date) |
Challan
Sl.No. |
|
|
|
|
|
S.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
Please tick against the relevant fields where changes are required
____________________________
Tax
payer/Authorized Signatory
payer/Authorized Signatory
Date:
Place:
Note:
1. Attach copy of original challan counterfoil.
2.
In case of correction to challan 280, 282, 283 attach copy of PAN card.
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.
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.
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.
A separate request form is to be submitted for each challan.