TDS CHALLAN CORRECTION

[SRIRAGHAVENDRASAMYMUTT MUTT]

TDS CHALLAN CORRECTION TAN NO MY TAN ORGINAL TAN HYDS13220E BUT BANKERS ENTRY HYDS13110E

[Ganeshan Kalyani]

In my view the correction can be done by your Jurisdictional income tax officer.

[JAIPRAKASH RUIA]

I Think, within seven days or so , it could be rectified by Banker itself online but now that option is over, hence it will be rectified by jurisdiction officer of TDS Ward. Normally there will be following documents to be attached.

1) Copy of Letter written to Banker for this mistake.

2) Letter from Banker addressing that TDS Ward ( you have to tell the name of ITO to Banker), accepting the mistake is done and to be rectified as bank can't be rectified the same.

3) Indemnity Bond of stamp paper mentioning the full details and wrong mention of TAN by Bank

4) Copy of TDS Challan in which wrong number is mentioned

5) NOC form the organization of Wrong TAN

6) Covering Letter on letter organization letter head requesting the correction.

Above documents for example only, ITO may reduce or add in the list but whatever documents in hard copy required to be submitted will be required to be submitted in soft copy also in PEN DRIVE ( Pen drive will be given back immediately by dept. after taking the copy of the documents)

Please take the online reference number generated by TDS dept. It is being generated when they upload the documents on TDS website.

AI Summary

TDS challan correction requires jurisdictional tax officer intervention when bank cannot rectify, with documentary proof submitted.
Correction of a TDS challan where a bank has recorded an incorrect TAN may be done by the bank via its online facility if timely, but where that option has lapsed the jurisdictional income tax officer or TDS ward must effect rectification upon submission of specified documents, typically: a letter to the banker, the banker's acknowledgement addressed to the ITO, an indemnity bond on stamp paper, the erroneous challan copy, a NOC from the entity of the wrong TAN, and a covering letter; both hard and electronic copies may be required along with the TDS portal reference number.