Intimation u/s143(1) income tax act1961

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Ramachandran Murugesan

Deputy manager

25 Points Joined December 2013

Dear Sir,

With reference to the title Intimation u/s143(1) income tax act1961, I got the intimation notification from CPC mentioned that I need to pay Rs.6135.00 for the AY 2012-13

But I have filed the IT return on the same AY 2012-13 as per the form16 & I got the acknowledgement FORM V after filing the returns. Filed the ITR myself with help of income tax officer at Bangalore income tax camp at the end of July 2012.

For your info, from form16, total taxable income Rs. 5,59,574.00

tax on total income Rs. 37,957.00

Education cess Rs. 1,139.00

Total tax payable Rs. 39,096.00

So, my employer has deducted from my salary & paid as TDS Rs. 39.096.00. & there was nothing pending as per the form 16.

But now I have received the intimation letter u/s 143(1) & need to be paid Rs.6135.00.

For your information AY2013-14, I got the ITR file & no due

Please help me how to proceed on this initmation notice.

Regards,

Murugesan

Replies (12)

Mihir

Wealth Manager

5293 Points Joined December 2008

It seems there is a mistake here.

Tax computation

Total income = Rs. 5,59,574/-

Income tax = Rs. 43,915/-

Cess = Rs. 878/-

H/cess = Rs. 439/-

Total tax payable = Rs.45,232/-

Therefore, the tax payable in intimation u/s 143(1) is correct.

Shyam C.Pujara

Student (C.A Final)

177 Points Joined August 2009

Originally posted by : Mihir
	It seems there is a mistake here. Tax computation Total income = Rs. 5,59,574/- Income tax = Rs. 43,915/- Cess = Rs. 878/- H/cess = Rs. 439/- Total tax payable = Rs.45,232/- Therefore, the tax payable in intimation u/s 143(1) is correct

Very well explained Mihir.......

CA Dhruva Kalamanji

Chartered Accountant

1996 Points Joined April 2013

Hello ramachandran,

Mr.mihir explanation is correct. Your employer has shortly deducted the tds.

Some times rather usually this kind of mistake is common. Duly complete the cpc process

Thanks

Bala Pullaiah B

Salaried

179 Points Joined July 2008

Mihir is correct. You have to pay the differential amount.

Arif Ali

Apt Co Advisory

1230 Points Joined June 2009

yes Mihir is correct so you have to pay the differentional amount as per intimation u/s 143(1).

ADV PRODYUT MAITY

TAX PRACTITIONER

78 Points Joined November 2009

u told tht u have received intimation A.Y.12-13 & u have filed IT return A.Y.12-13.Then u mention ur information A.Y.13-14 ITR file no due. I think there is a mistake here...

CA Dhruva Kalamanji

Chartered Accountant

1996 Points Joined April 2013

Hi Mr.Murugan,

you draft a letter to CPC regarding your intimation and go there and ask for the clarification and then will give you the comparision between your calculation and income tax department calculation and find where is the differance there after rectify it.