143(1) intimation (urgent)

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Querist : Anonymous

Querist : Anonymous (Querist)

26 March 2014 i have received intimation from income tax department u/s 143 (1)...but there is no refund no demand...overall its nil return..

so it is neccesary to file revised return becauase last date is 31.03.2014...please help

so what to do now revised it or rectify it u/s154...but i have no XML file of original return..

so what to do please help

Nikhil Kaushik

Nikhil Kaushik (Expert)

26 March 2014 why is it necessary to revise the return?

assuming that you want to revise the return, you can still do it..143(1) doesnt create a bar on revision.

Querist : Anonymous

Querist : Anonymous (Querist)

27 March 2014 but sir as per my computation and as per department computation there is diff of rs.3000...but the overall return is nil from my computation as well as dept computation...

so nw what to do sir pls help..
should i revisd it...or stay along wid it
thanks in adv

Nikhil Kaushik

Nikhil Kaushik (Expert)

27 March 2014 if there is no demand, then why bother..

Querist : Anonymous

Querist : Anonymous (Querist)

27 March 2014 OK...BT SIR THE QUESTION IS THERE IS DIFF OF RS.3000 IN INCOME WILL IT MATTER OR NT..??

WILL IT CREATE IN DIFFICULTIES IN NEXT YEARS RETURN..??

Nikhil Kaushik

Nikhil Kaushik (Expert)

27 March 2014 it doesn't....relax....

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