Tuesday 2 July 2013

Rectification of errors in challans transmitted to the TIN central system


Rectification in name of the tax payer, amount and the major head code (indicating the type of deductee i.e. company deductee/non company deductee) in the challan transmitted to the TIN central system by the bank through OLTAS can be done by the bank. The bank shall rectify the same and transmit correct details to the TIN central system. 

Rectification in TAN/PAN, assessment year, minor head code in the challan transmitted to the TIN central system by the bank through OLTAS can be done only by the Assessing Officer.  In such cases the deductor may contact its Assessing Officer (TDS Assessing Officer in case of rectification of TAN and Assessing Officer for income returns in case of rectification of PAN) to get the same rectified.

1 comment:

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