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
www.Kanakkupillai.com 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/ Thank You
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