Time tag to issue notice of demand u/s 143(1)
This query is : Resolved
14 December 2011
Hello All, Can any of you clearify the below snag....
I filed Return of income for the A/Y 2008-09 on 23-3-2009, indicating a Tax liability of Rs 27199/-. I also paid Rs 10000/-. Attached the proof of payment there with.
On 11/12/2011 I RECEIVED A NOTICE OF DEMAND from Concerned A.O. Asking me to pay the difference of tax Rs 17199/- ( 27199-10000). Isuspect the notice of demand issued suffers from time limit imposed under section 143 (1). My stand is, as the notice is issued after the time limit, i need not to respond.
Please advice whether my stand is currect?
I filed Return of income for the A/Y 2008-09 on 23-3-2009, indicating a Tax liability of Rs 27199/-. I also paid Rs 10000/-. Attached the proof of payment there with.
On 11/12/2011 I RECEIVED A NOTICE OF DEMAND from Concerned A.O. Asking me to pay the difference of tax Rs 17199/- ( 27199-10000). Isuspect the notice of demand issued suffers from time limit imposed under section 143 (1). My stand is, as the notice is issued after the time limit, i need not to respond.
Please advice whether my stand is currect?
14 December 2011
Yes you are correct. Notice u/s. 143(1) can be issued before 1 year from the end of the relevant financial year in which the return is made. You can file appeal with the CIT ( Appeals ). You have to respond to the intimation u/s. 143(1) by filing appeal .
14 December 2011
Intimation u/s 143(1) can be sent upto 1 year from the end of the relevant assessment year.in your case intimation issued is time barred and thus invalid.
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
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Under construction property in ITR
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- Not able to file ITR
- New Garden in Place of Old Garden
- Rental income of jointly held property
- Regarding ITR filing with more value than showing in AIS/TIS
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
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
