• twitter-icon
Unlimited Tax Return Filing


How to Revise Mistakes After Paying the Income Tax?

The taxpayers at the time of filing their income tax return (ITR) have to clear their previous tax pending to complete the process of ITR filing. Adding to this, any mistakes made while submitting self-assessment tax or advance tax during the year will also result in non-deposit of tax. Such tax deposits will also not reflect in Form 26AS, and further, the facility of the claim tax credit will also be unavailable for the same.

It is possible that you, as a taxpayer, select the wrong assessment year or the wrong tax category while furnishing your advance tax or self-assessment tax for a given year, leading to the discrepancy. There are common ways to correct the errors in income tax payments made by taxpayers in India.

Before that, the taxpayers should know that ITR can be filed to the credit of the government in two ways:

  • By submitting physical challans at the bank branch

In Case of Online ITR Filing:

In the case of online ITR, the correction in it can only be made by the assessing officer of the taxpayer. As per the ITR filing website, “the taxpayer must visit the assessing officer and request him to correct the mistake made by him in ITR. The office of the assessing officer can be easily located on the e-filing website of the income tax department.”

Here are detailed steps to find the assessing officer’s address on the official e-filing website:

  • Step 1: Visit https://www.incometax.gov.in/iec/foportal/
  • Step 2: Once the user land on the home page, click on the AO (‘Know your AO’) present under the ‘Quick Links’ tab.
Select TAN | AO Option
  • Step 3: A new web page will appear on the screen.
E-filing Web Page Screen
  • Step 4: Select your PAN and mobile number and click on the continue tab.
  • Step 5: Enter the OTP received on your registered number
E-filing OTP Option
  • Step 6: The address of your Income Tax Assessing officer will be shown after the correct OTP is entered.
Income Tax Assessing Detail

Read Also: Easy Ways to Reset Password On Income Tax Return E-filing Website

After getting the address, you should visit the AO’s office to get the correction done.

In case of Income Tax Return (ITR) filed via a Bank Branch:

If the payment of advance tax or self-assessment tax has been made via a bank branch, the bank has the authority to correct certain mistakes in ITR within a given time period.

The mistake that can be corrected in ITR by the bank include:

  • Assessment Year
  • Major Head Code
  • Nature of payment (TDS Codes)
  • Minor Head Code
  • TAN/PAN
  • Total Amount

Note: Other income tax return errors can only be corrected by the assessing officer

Bank can make corrections in ITR, but with certain conditions applied. These conditions are as follows:

  • Correction in the name is not allowed
  • Correction in Both Minor Head, e.g. self-assessment taxes and Assessment Year, is not allowed together.
  • PAN/TAN correction is allowed only when the challan name matches the name in PAN/TAN.
  • ITR Amount under rectification must match the figure received by the bank and govt account
  • Correction is allowed only once in the case of a single challan. Although, if the first is made only for the amount, the second one can be raised for correction in other fields
  • No partial acceptance of change correction requests will be allowed. Either all the requested changes will be allowed upon passing the validation, or all change requests gets rejected.

Detailed Procedure for Correction in Self-Assessment Tax via a bank:

Step 1: Visit the bank branch receipt where the tax was deposited and carry the original challan receipt with you.

Step 2: Ask and fill up the request form for tax correction. Submit a duplicate copy of the same to the related bank branch.

Step 3: Submit the original challan counterfoil along with the correction application. Keep an application copy with you as well. In the case of challan numbers starting from 280,282 and 283, a copy of the PAN card will be needed too.

For more than one correction in the income tax return form, a separate request form for correction needs to be submitted. The Bank will make process the correction request within a period of seven days.

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by CA Preeti Punihani (Ex-employee)
I am Preeti Punihani a Chartered Accountant, Currently working with SAG Infotech Pvt. Ltd in the field of Accounts and Taxation. Apart from CA, I have completed my Graduation (B.COM) from Delhi University. View more posts
SAGINFOTECH PRODUCTS

Join the Conversation

1 thought on "How to Revise Mistakes After Paying the Income Tax?"

  1. Request for correction in online tax challan, like wrong assessment year and minor head , selected advance tax instead of self assessment tax , be made through email to AO ?

Your email address will not be published. Required fields are marked *

Follow Us on Google News

Google News

Latest Posts

New Offer for Tax Experts

Huge Discount on Tax Software

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Best Offer for Tax Professionals

Upto 20% Discount on Tax Software

    Select Product*

    Genius Software