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

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..... d 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 Mechanism for physical challans .....

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..... rrection 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 be allowed only when the name in the challan matches with the name as per the new PAN/TAN. iv. .....

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..... opy 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 original authorization with seal of the non-individual taxpayer is required to be attached with the request form. v. A separate reques .....

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..... 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 data as per following details : Challan Details: BSR Code Challan Tender Date (Cash/Cheque Deposit Date) Challan Sl. No. Sl. No. .....

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..... copy of PAN card. 3. In case of a non-individual tax payer, attach the original authorization with seal of the non-individual tax-payer. 4. The request form for correction is to be submitted in duplicate to the bank branch. 5. A separate request form is to be submitted for each challan. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - .....

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