The Intimation u/s 200A of Income-tax Act, 1961 is deemed to be an order passed under the act. Such order can be modified/rectified/amended by the Assessing Officer himself or on receipt of an application from the assessee u/s 154 of the Act. The application u/s 154 must me moved within four years from the end of the financial year in which the impugned order is passed.
On receving the application the Assessing Officer has to pass an amendment order within the six months from the end of the month in which the said application is received or he may reject the application within such time.
If no amendmend is made to the intimation passed u/s 200A the demand shall reamain in the registers of the Income-tax Department. The assessee may receive notices u/s 221(1) though he has rectified the TDS statements and paid the shortfall of the tax. This will happen because of certain administrative faults in the department.