Intimation u/s 143(1)

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 December 2013 Dear All,
I have received an Intimation u/s 143(1)for Co. assessee.The cess amount shown in Return is wrong, but the tax amount in totality is correct.There is a demand for tax due to difference in interest u/s 234C.Apart from paying the amt,is there any requirement due to difference in Cess??

If in the next Asst Yr i am having a refund claim, can this demand amount(Rs. 10) be adjusted and not paid??


24 December 2013 better pay it off. why bother postponing the adjustment to the next year leaving the demand open for a year.

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 December 2013 Nikhil Sir,
Thats true...i read a notifiaction dat demand for less than Rs. 100 will be adjusted..
Will any action need to be taken regarding the diff in cess amt??

24 December 2013 No. It doesnt matter. Only the final tax liability needs to be looked at.

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 December 2013 Thank you Sir...

24 December 2013 welcome my friend


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