New Procedure of challan correction by banks (for physical challans).

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....banks and the data transmitted to TIN (Tax Information Network) through link cell. At present, the banks are permitted to correct data relating to three fields only i.e. amount, major head code and name. The other errors can be corrected only by the assessing officers. New Procedure of challan correction by banks (for physical challans): To remedy this situation, a new Challan Correction Mec....

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.... window for correction by the bank is 7 days from the date of receipt of correction request from the tax-payer.   Conditions:   The changes can be made by the banks, subject to following conditions: i. Correction in Name is not permitted.   ii. Any combination of correction of Minor Head and Assessment Year together is not allowed.   iii. PAN/TAN correction will ....

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....s to submit the request form for correction (in duplicate) to the concerned bank branch.   ii. The tax-payer has to attach copy of original challan counterfoil. iii. In case of correction desired for challans in Form 280, 282, 283, the copy of PAN card is required to be attached.   iv. In case of correction desired for payments made by a tax-payer (other than an individual), the....

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....nch)   Taxpayer Details :   Taxpayer Name :   Taxpayer Address :   Taxpayer TAN/PAN :   Name of Authorized Signatory :   (in case of non-individual taxpayer)   Sub : Request for Correction in Challan No: 280/281/282/283 [Strike out which ever is not applicable]   Sir/Madam,   I request you to make corrections in the challan da....