How to Correct Wrong Assessment Year in TDS Challan

Many times it happens that we select wrong assessment year while making TDS payment. So now the question arises how to correct this error?

There are two approaches to solve this problem

Direct Approach:

When TDS is paid online and there is error in selecting assessment year while remittance, then assessee can contact his assessing officer and intimate about the error.  However, it might take seven working days to 30 workings to correct the error.

Indirect Approach:

You pay the additional tax on account of the error and file income tax return and then file for rectification request for the incorrect assessment year.  However, it might take anywhere from one month to 12 months for getting the refund