intimation under i43(1)

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mohan karandikar (Querist)
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06 May 2010 Have received an intimation under 143(1) showing an advance tax payment as Rs. 0.00, where as the 26AS entry on the NSDL web-site shows a payment of Rs. 1,50,000.00.
Another deduction dis-allowed is a tds certificate for Rs. 15,000.00. However this entry ( 15,000.00 ) does not appear in 26AS, even though tds was deducted.

Kinly advice how to resolve the issue. Thanks & regards.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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07 May 2010 Dear Mohan,

You will have to file Rectification of Intimation U/s 154 of the Income Tax Act, 1961.

Format:---

To
The I.T.O Ward-..., Kolkata
..............
..............
...............

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 in my income tax return i had claimed Rs. 15,000.00 on account of TDS, but in your calculation the amount of TDS considered by you is only Rs. Nil/-. I am also enclosing herewith the Original TDS Certificates for the Assessment Year ...... amounting to Rs. 15,000.00/- (Fifteen Thousand only) for your perusal.

Further i would like to inform you that advance tax of Rs.1,50,000.00 paid by me, which is showing in 26AS has not been considered in your intimation.

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,

(Name)

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mohan karandikar

mohan karandikar (Querist)
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07 May 2010 Thank you Mr. Sanjay Gupta, for you valuable guidance. I will certainly proceed as advised. Regards.

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