How to respond intimation under section 143 of income tax?

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Associate Manager
24 Points Posted on 05 November 2011

Dear CAClubindia members,

I am employed in a private organization and I have been filing ITR properly. But for the assessment year 2010-11, I received an intimation from Income tax office in my locality under section 143 on 19-Sep-2011. In the statement the prepaid taxes column having TDS details is mentioned zero, where as my TDS has been successfully deposited by my employer. The PAN number is also correct. Also, I have mentioned the TDS amount in my ITR. The intimation letter states that I have to pay the tax with interest as well. Kindly suggest me how to respond to this intimation. Is there any procedure to clarify the intimation and nullify this discrepancy. 

Pls help me.

thanks & regards

R Pragatheeswaran

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On 05 November 2011 at 16:15 Report
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Practising CA
33428 Points Posted on 05 November 2011

Please check Form No 26AS. Whether the amount of TDS Credit appears in your Account.

This can be seen by visiting Income Tax e-filing site.

 

After verifying file a rectification request through the same site, in case you have filed your return electronically.

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On 05 November 2011 at 16:25
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MANAGER FINANCE AND BUSINESS PLANNIN
289 Points Posted on 05 November 2011
Check tds credit in 26as n move application u/s 154 for ractification
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On 05 November 2011 at 17:17
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services
21 Points Posted on 13 November 2011

Hi!

I hav recieved an intimation u/s 143 (I) from the income tax  on 13/11/2011. I had filed my returns online (my first ever return filed) and paid the relevant taxes as per the caclulations. The details filed by me and the calculations as computed under section 143 tally. Kindly answer my queries:

1. What are the reasons for sending such intimations by the department?

2.having paid teh taxes exactly as per calculations, do i need to repay?

3. Should i respond to the intimation the letter? and how?

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On 13 November 2011 at 17:33
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Chartered Accountant
532 Points Posted on 14 November 2011

check 26as online.. if A.O. has not given credit means it must not be showing in your account.

though certificate with correct pan are given but many a times while filing tds returns deductors make mistake in quoting correct pan.

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On 14 November 2011 at 16:05

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