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Friday, February 25, 2011

Correction in OLTAS Income Tax/TDS challan after payment

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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.

NSDL receives tax collection data as uploaded by the bank. It is not authorized to carry out any changes in the data sent by the bank to TIN.

The fields that can be corrected and the entity authorized to carry out corrections are as below:

Sl. 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

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.

1 comment:

  1. who is the assessing officer authorised to correct the challan, and how to know?

    ReplyDelete