Intimation u/s 143(1)

Others 1451 views 6 replies

Is Intimation issued u/s 143(1) is an order for the purpose of form 3CD clause25(a)

i.e Details of brought forward loss or depreciation allowance, in the following manner to the extent available....

Replies (6)

143(1) is an intimation only not an order

Under Sec. 143(1) it is just the processing of returns and an error free assessment of tax by software. Further, as per sec., 156 it is an order cum demand of an order.

Hence, Intimation u/s 143(1) is considered as an order for the purpose of form 3CD clause25(a) i.e Details of brought forward loss or depreciation allowance, in the following manner to the extent available....

 

And Acknowledgement or ITR-V will became deemed intimation u/s 143(1), if no intimation u/s 143(1) received from deptt....

Intimation u/s 143(1) is not considered as an order for the purpose of form 3CD clause25(a) i.e Details of brought forward loss or depreciation allowance, in the following manner to the extent available....

Here you have to give the details of  losses (assessed figures) as per the order, where in you will not give the figures as per the intimation received U/s143 (1) because intimation is a summary assessment not an assessment order.

 

Pavan is correct !!!

That its only an intimation not an order, to provide the details for the same i.e. losses or dep. allowed.

AGREE WITH MR. PAVAN KUMAR

 

143(1) IS JUST AN INTIMATION AND ITS NOT AN ASSESSMENT ORDER.

ALL THE RETURNS ARE PROCESSED COMPUTERIZED AND AN INTIMATION IS PREPARED

Ie. 143(1) INTIMATION.

IF NO INTIMATION IS RECEIVED THEN, ACKNOWLEDGEMENT IS TREATED AS DEEMED INTIMATION BUT NOT AN ORDER.

 


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