Income tax intimation 143(1) Shocked! Please help!

Send a reply to the Assessing order to Income tax officer about the same and you might have to go to Income tax dept and address your issue to them, no need for worry.

Hi Sai

Thanks a lot,

As you suggested I will write a letter and personally go to the IT department and give it there, if that works.

Any Idea where is the IT office in Bangalore.

Is this format good to write, I got it in an another thread /forum/sample-reply-for-intimation-u-s-143-1--98120.asp

Thanks

Jai

dear jaison

please can u tell that why have u shown the interest on housing loan under the head other sources?

i think it must be show u/s 22 i.e income from house property or rather as a loss from HP and set off from the salary income. i think u ve classified the interest under wrong heading and hence they have calculated it as an income by mistake

Hi Shuvro

Thanks for the tips, I crossed checked with the ITR 1 filed,  As you mentioned it is filed under intrest from the housing property and its deducted from the salary income.

Any Idea which is the IT office address I go in bangalore to rectify the same? Checked up with the CPC in electronic city, They dont know much, they are just processing agents.

regards

jai

Hi Friends,

Please help, I am totally confused, Which Office In bangalore I have to go to address my issues. There are many offices of IT in bangalore as per the website.

Please help

thanks

jai

Please help me

Plz

I think you can seek a rectification by writing a letter with proof of Form 16 to show that you have loss from House property.

You should have used correct form ITR2 and not ITR 1. Anyway try applying for rectification by writing simple letter stating facts and attaching proof.

Originally posted by : Jaison
	Hi friends I got a intimation from the income tax for AY 1008-2009 just yesterday, I was shocked to see that I need to pay the tax near to 1 lac. Then I regained my mind from the initial shock to tallied with my Form 16. what I see is a blunder mistake on the Income tax Office side. So here is the breakdown Heads of Income          As provided by taxpayer in return of income         As Computer under Section 143(1) Income from Salary                           A                                                                                  A Income from other sources             B                                                                                  B Gross Total income                        A-B                                                                      A+B   Here B is my intrest on the housing loan, They have added that to my gross income instead of deducting it, Isnt this a blunder mistake. And then they added various intrest 234b and 234C in the As Computed under section 143 1) What are the steps I need to take, Please help. 2) Should I have to visit the Income tax office( I am in bangalore) 3) Or Sending a Letter to them will suffice, will this close my chapter. Please help. Jai

recheck your return filed twice again, in 2008-09 annextures were not needed, there must be mistake in filling the return, if u have filed in paper form then u must have copy, if electronically then also u have soft copy, reckeck and then comment. 

Hi Jaison,

You have wrongly filed ITR-1. Actually you have to file ITR-2 and not ITR-1. Because Interest on

Housing Loan is allowed if it is shown under the Head "Schedule HP: Income from House Property"

which is mentioned in ITR-2. You have show you Address of Property and claim the interest on

housing loan in item No. (g) mentioned in under the Head "Schedule HP: Income from House

Property" of ITR-2. Then only u will get the claim. Kindly see ITR-2, prepare the return and upload ITR-

2 through Rectification process mentioned on www.incometaxindiaefiling.gov.in  I m sure after doing

this process u get the credit.