Minor Head (300) instead of Minor Head (400) credited wrongly

Sir/Madam
During e-filling of ITR for A.Y 2017-18 , we wrongly deposited online tax in Minor Head (300)  instead of Minor Head (400) . Now DEMAND is raised by ITD for the same in their acknowledgement .
 So, what is the way to correct it now ?? 
  Kindly provide the your suggestion at earliest .

Thank You
Email : Somiyasingh74@gmail.com
Asked 12 days ago in Income Tax from Amroha, Uttar Pradesh
Yiu can file rectification 
Vidya Jain
CA, Kolkata
407 Answers
4.0 on 5.0
  Talk to Vidya Jain
yes
Vidya Jain
CA, Kolkata
407 Answers
4.0 on 5.0
  Talk to Vidya Jain
When you wil applyfor rectification,, it will ask what portion to rectify. There you need to correct
Vidya Jain
CA, Kolkata
407 Answers
4.0 on 5.0
  Talk to Vidya Jain
Hi,

You can apply for a rectification of the notice issued to you. You can state the details of the tax paid, and attach a copy of the challan, if you have it. 
If you have received a demand notice online, then there is an option available to rectify it online.

Regards,
Keerthiga Padmanabhan
M.Com., CA, LL.B
Keerthiga Padmanabhan
CA, Greater Mumbai
656 Answers
5.0 on 5.0
  Talk to Keerthiga Padmanabhan
Only way out is write a letter to your concerned IT Officer and detail him about the mistake and request him to consider the same under (400). The computer centre of Department can do the same.

Need to visit the Department. This is the only way as the demand came to you from CPC and CPC is not having any power of changing/rectifying  the challan.
Shyam Sunder Modani
CA, Hyderabad
1404 Answers
5.0 on 5.0
  Talk to Shyam Sunder Modani
Hello,

The best option is to approach the AO with a copy of the tax paid challan, he will rectify it for you in the system. Its hardly 5-10 minute job.

Trust this clarifies your query. 

Feel free to call / get back in case of further clarifications. 

Thanking You. 

Regards,
Rohit R Sharma
BCOM, FCA, LLB, CERT. FAFP
Rohit R Sharma
CA, Mumbai
1837 Answers
5.0 on 5.0
  Talk to Rohit R Sharma
Minor Head 300 is for the payment of self assessment tax and minor head 400 is for the payment of tax on regular assessment. The Challan is ITS 280 in both the cases. 

As you have paid the tax under the correct minor head, i.e., 300 only as self assessment tax, there seems to be nothing wrong in your payment of tax.  The demand raised by the ITD may be for some other reason and not for this. The reasons could be wrong assessment year, wrong dates and wrong PAN. It is also possible that the Bank would not have uploaded the Challan. Pl. check Form 26AS for the credit of tax paid you and confirm the correct head of payment. If the payment is reflected in your 26AS and still no credit was given for this payment in your Income Tax computation by the CPC, you may raise a request for rectification drawing attention for the payment as reflected in 26AS.
B Vijaya Kumar
CA, Hyderabad
666 Answers
5.0 on 5.0
  Talk to B Vijaya Kumar
Hi,

You will have to write to your asessing officer. Have you received demand from CPC or assessing officer.

Please feel free to call/ revert in case you need more clarity

Thanks and regards
Abhishek Dugar
CA CS B.Com
Abhishek Dugar
CA, Mumbai
2081 Answers
5.0 on 5.0
  Talk to Abhishek Dugar

Ask a Question

Get tax advice from top-rated chartered accountants. It's quick, easy, and anonymous!
Ask a question

Other Questions

Chartered Accountants

Lakshita Bhandari
CA, Mumbai
587 Answers
5.0 on 5.0
Abhishek Dugar
CA, Mumbai
2081 Answers
5.0 on 5.0
Rohit R Sharma
CA, Mumbai
1837 Answers
5.0 on 5.0
Keerthiga Padmanabhan
CA, Greater Mumbai
656 Answers
5.0 on 5.0
Lalit Bansal
CA, Delhi
418 Answers
5.0 on 5.0
Vidya Jain
CA, Kolkata
407 Answers
4.0 on 5.0
B Vijaya Kumar
CA, Hyderabad
666 Answers
5.0 on 5.0
Shyam Sunder Modani
CA, Hyderabad
1404 Answers
5.0 on 5.0
Vishrut Rajesh Shah
CA, Ahmedabad
598 Answers
5.0 on 5.0
Pradeep Bhat
CA, Bengaluru
367 Answers
5.0 on 5.0