Six Types of Errors in Tax Challan Can Be Corrected By Banks From 01/09/2011

Print PDF

While depositing tax errors are common. The errors in tax payment challan also happens when banks post it. So , to mitigate the hardship of tax payers, a new Challan Correction Mechanism for physical challans has been put in place. Under this mechanism, for income tax payments made on or after 1.9.2011, the following fields…