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Regarding intimation under section 143(1)

Ashok (Not applicable) (86 Points)

22 October 2010

This is regarding letter received from Income tax department with subject "intimation under section 143(1)"

In this letter, its mentioned that there is some x amount has not been paid for 2008-2009 financial year.

I would like to know what and how should one proceed for payment of this extra x amount to IT department

Which form to be used for submitting tax ?

Where should the tax be deposited ?

Anything else like letter to be sent to IT or physically meet in person with official ?

Thanks in advance for help

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6 Replies

Monika jain (Student) (180 Points)
Replied 22 October 2010

Section 143(1) is intimation regarding your return filed.

you are not written all sentence of notice which is used by IT departmet.

IT deparment can not ask any thing more under section 143 except infomation related to your return filed.

I think they asked you to show detail of tax paid under self assessmet at the time of filing return. you make one letter and attach the copy of tax paid earlier of that assessment year.

Ashok (Not applicable) (86 Points)
Replied 22 October 2010

Hi Monika

Yes, there was more tax to be paid and actually less was paid

So, IT department has demanded the difference amount to be paid.

How should I pay the tax

Deepesh Khatri (CA) (167 Points)
Replied 22 October 2010

In Challan 280. Here is the link for e-payment.

https://onlineservices.tin.nsdl.com/etaxnew/tdsnontds.jsp

Sumit (PR) (336 Points)
Replied 24 October 2010

Hi...even we faced dis notice,as d software failed to giv ful computation f depreciatin nd hence IT sent tax payabl in respect f d same amount,if such is d case den send ur rply wid ful details to deptmnt. Bt if u thnk u hv paid les den pay self asesment tax mentind in notice n rply wid copy f chalan n notice to dept.u cud lso file revised return by payng d ful tax as sought by IT.

Bhavin Bhadra (Job) (174 Points)
Replied 25 October 2010

Dear Ashok,

Write a letter to the concerned Income tax officer who has issued notice to you u/s 143(1).

Write down the deatils of tax paid challan like Name of the depositing bank, BSR code, Challan Number, Date of Payment etc., and attach the copy of the same challan.

Two original letters shall be made. One for submission and other for our record.

If you are required to pay tax u/s 143(1) then the procedures are same as of the case of Self Assessment tax payment.

You can deposit tax at any nationalized bank.

CA Mayur Sojrani (CA) (318 Points)
Replied 25 October 2010

Dear Ashok.

1) Please recheck the intimation received u/s 143(1) with the returned income tax filed, as there is most possibility that the returned income filed by us does'nt match with intimation , TDS we claimed , SA tax paid by us, and Advance tax paid by us does not reflect in the intimation.

I n some case they don't give the full credit of TDS we claimed.

& on that bases they calculate the tax liability on their assessed income & raised the demand of tax along with the intereest u/s 234B & C.

If this kind of situation arise then we have to file a rectification letter as u/s 154 of the Act, along with the proper supporting (to be enclosed) like TDS Certificate, Advance Tax & SA tax Challans, or Return acknowledgement copy along with the tax calculation sheet, with te rectification letter.

Some time we also have to submit the original copy of TDS Certificate/ Tax challans as per the Department requirement.

2) If there is no case of rectification i.e the demand has been arise on account of shortfall of tax paid by us. then we have to pay the demand as usual as we pay Self Assessment Tax (challan 280)