CBDT Clarifications on Challan Correction, etc. issues under PMGKY 2016

CBDT Clarifications on Challan Correction, etc. issues under PMGKY/ PMGKD 2016

Based on representations from declarants, the CBDT has issued clarifications on various issues uder PMGKY 2016 relating to use of incorrect challans for payment of tax/ deposits liability, filling of wrong information in the PMGKY challan 287/ declaration Form I, etc. under the Scheme.

Reportedly, in many cases declarants used wrong challans for making payment of 25% deposits under PMGKD 2016 as required under PMGKY 2016, failure to submit declaration in Form I due to other errors, submission of incorrect particulars in declaration Form I filed on last date with no option left for revision, use of same challan for payment of tax liability under PMGKY 2016 and making of 25% deposits under PMGKD 2016 (i.e. PMGKY Challan 287), payment of second installment of IDS 2016 using PMGKY Challan 287 erroneously, etc.

These matters have been examined by the CBDT and a relief has been allowed to carry out corrections in PMGKY challans technically through Systems and to file declaration in Form 1 after making the corrections within a specified time limit so that their declaration gets regularized under PMGKY. However, where the anomaly relates to PMGKD payment as well, the relaxation shall not be applicable.

Further, the CBDT has provided the requisite details of the modalities for correction of PMGKY challans, like change of Assessment Year to 2017-18, correction in PAN, Change of Major/ Minor Heads, etc. subject to certain conditions. For further details, please refer the attachment below:

PMGKY 2016 Challans Correction, etc. issues: CBDT Order dt. 27 Sept. 2017

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