INcome tax intimation u/s 143(1) from CPC banglore
This query is : Resolved
21 July 2010
hello sir
i have received intimation u/s 143(1) of ITR-4 of individual..
in the return they have disallowed depreciation and demanded tax rs. 81408/-.
i have not added /back depreciation in income tax return. hence they have demanded the tax.. so what should i do????
help? reply
i have received intimation u/s 143(1) of ITR-4 of individual..
in the return they have disallowed depreciation and demanded tax rs. 81408/-.
i have not added /back depreciation in income tax return. hence they have demanded the tax.. so what should i do????
help? reply
21 July 2010
You will have to file Rectification of Intimation U/s 154 of the Income Tax Act, 1961.
Format:---
Date:
To
The I.T.O Ward-...,
..............
..............
...............
Dear Sir,
Ref: - Your Intimation U/s 143 (1) dated: ........ for the A.Y ........, Received on ........ (PAN ..........)
Sub: - Rectification of Intimation U/s 154 of the Income Tax Act, 1961.
I have received your above mentioned intimation U/s 143(1) of the Income Tax Act which is showing a demand of Income Tax of Rs. ....../-
In this connection i want to bring in to your kind notice that....................................................................................................
............................................................................................................................................................
............................................................................................................................................................
............
I therefore request you to please rectify your above mentioned intimation U/s 154 and issue a rectification order to that effect at the earliest.
Thanks you,
Yours faithfully,
..........
Format:---
Date:
To
The I.T.O Ward-...,
..............
..............
...............
Dear Sir,
Ref: - Your Intimation U/s 143 (1) dated: ........ for the A.Y ........, Received on ........ (PAN ..........)
Sub: - Rectification of Intimation U/s 154 of the Income Tax Act, 1961.
I have received your above mentioned intimation U/s 143(1) of the Income Tax Act which is showing a demand of Income Tax of Rs. ....../-
In this connection i want to bring in to your kind notice that....................................................................................................
............................................................................................................................................................
............................................................................................................................................................
............
I therefore request you to please rectify your above mentioned intimation U/s 154 and issue a rectification order to that effect at the earliest.
Thanks you,
Yours faithfully,
..........
21 July 2010
hello sir,
i have received notice from banglore. not from income tax ward...
so i have to send this letter to income tax ward ?? or banglore CPC ????
i have received notice from banglore. not from income tax ward...
so i have to send this letter to income tax ward ?? or banglore CPC ????
21 July 2010
Either rectification may be moved before CPC,Bangalore ,as rightly said by Sanjay Ji, if you are sure that you are eligible for depreciation as per section 32, OR YOU MAY FILE AN APPEAL BEFORE THE JURISDICTIONAL CIT(APPEALS).
21 July 2010
To Banglore CPC.
21 July 2010
Check the notes on Last page of 143(1) its all mentioned there.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN REDEVELOPED FLAT
- Multiple payment of self assessment tax for A Y 2025-2026
- Requirement under FEMA &RBI
- Computation of Dividend
- REGARDING ITR FILING QUESTION
- GST ISD Query on various AMCs
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- Gst reverse charge mechanism to be claimed in the month of payment
- Correction in TDS return New Traces Portal
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
