Intimation u/s. 143(1)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 November 2011
Hello experts.
I have received an "INCOME TAX INTIMATION U/S. 143(1)". In a comparative form, it has information about the computation of income "As Provided by Taxpayer in Return of Income" and "As Computed Under Section 143(1)."
I this intimation there is a small difference in "Total Income after Deductions"
As provided by taxpayer amount is Rs.136046/-
and as per Sec. 143(1) amount is Rs. 136050/-
Please guide me in this matter. In this intimation there is no Tax Demand or Refund amount mention. So what i have to do.
I have received an "INCOME TAX INTIMATION U/S. 143(1)". In a comparative form, it has information about the computation of income "As Provided by Taxpayer in Return of Income" and "As Computed Under Section 143(1)."
I this intimation there is a small difference in "Total Income after Deductions"
As provided by taxpayer amount is Rs.136046/-
and as per Sec. 143(1) amount is Rs. 136050/-
Please guide me in this matter. In this intimation there is no Tax Demand or Refund amount mention. So what i have to do.
07 November 2011
Income is rounded off to the nearest multiple of Rs. 10/ vide section 288A of the Income tax Act,1961.
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
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Foreign lottery ticket bought online from India: legality, tax and consequences
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Putting a heading on received mail
- Reprocessing of rectification order AY 2025-26
- Regime change
- Consolidated financials
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
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
