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.
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