CBDT provides functionality
to make corrections in the challans used for the purpose of the Pradhan Mantri
Garib Kalyan Yojana Scheme, 2016 ('PMGKY'); CBDT acknowledges that despite
abiding by the prescribed time limit under the Scheme and making all the
payments/deposits within that period, declarants are deprived of availing
benefit of PMGKY Scheme due to procedural defaults i.e. use of wrong challan
for making tax payment under PMGKY or for making deposit under Pradhan Mantri
Garib Kalyan Deposit, 2016 Scheme ('PMGKD') or making certain incorrect entries
therein; CBDT now provides for modalities for correction of PMGKY challans,
however, clarifies that correction of challans pertaining to compulsory deposits
under the PMGKD does not fall within power of CBDT, lays down four types of
challan errors which can be corrected, viz. 1) Change of AY to 2017-18, 2)
Correction in PAN, 3) Change of Major Head to 0028 i.e. Other taxes in PMGKY
challan in ITNS 287 and 4) Change of Minor Head to 112 i.e. payment under PMGKY
in ITNS 287; CBDT clarifies that the correction would not apply to correction
of challans in a vice-versa manner, i.e. challan for PMGKY sought to be used
for the purposes of making payments towards Advance tax, Self assessment Tax
& Regular-assessment Tax; Howevever, a PMGKY payment would be allowed to be
converted into an IDS payment (under the Income Declaration Scheme, 2016) in
which case the Major Head, Minor Head and AY may be changed; CBDT reiterates
that relaxation of PMGKY challans covers only those cases where declaration in
Form 1 was pending due to non-credit of PMGKY challan, “It cannot grant any
relaxation to those cases where either the taxpayer wants to revise his
declaration under the PMGKY or remove any error in deposit under the PMGKD in
any manner, whatsoever
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