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Intimation u/s 143(1)

Notices & Assessments 2397 views 10 replies

Hi,

For the assessment year 2012-2013, I had filed my returns before due date promptly. I paid an amount of Rs 1130 as self-assessment tax since I had to pay Rs. 1128 yet as per the tax calculations. While filing I entered the challan number, BSR code and date of credit correctly, however amount paid was mentioned as Rs. 1128 instead of Rs. 1130. Now I have received intimation u/s 143(1) informing me that the tax payment claim is unmatched and the notification states that net tax amount payable as Rs 1130.

Kindly let me know what should be my next step now? Can I file a revised return with the self assessment tax paid details updated with the actual amount paid (i.e Rs 1130). If yes, under which section should I file the revised return?

 

 

Replies (10)

You may give a written letter mentioning the facts. Its an automatic generated notice since the return is processed in the computer system and any minor deviations would be thrown up. Since your part is done and is correct, You may sent a clarification letter to the AO clarifying the same wth the facts and supporting documents with you.

Yes, you can file revised return u/s 139

If you had filed it electronically you can rectify your return. It is available on the site. But if you have deposited it manually you can simply give an letter to the concerned AO.

You can file rectification manully also, if you filed manual returns

Thanks for the replies. I tried to file a rectification request online. After updating the ITR1 with the correct amount of tax paid, when I tried to generate the XML , "Total interest u/s 234A 234B 234C" is showing some extra amount which was not there previously because of which the total interest to be paid is increased further by this amount? Do I need to pay this extra amount now or is it because I have not made any changes to the "Return filed under section" , it still is 139(1). Do I have to change this to Revised 139(5)?

Yes. you need to make it a revised return. Else it will be taken as a fresh return after the due date. So interest will be attracted as if you are filing aftrer the due date.

Yes you may file the revised return under section 139(5).If you don't change to Revised u/s139(5),interest under section 234-A will attract

 

 

 

 

 

 

Originally posted by : Kavitha KS

Hi,

For the assessment year 2012-2013, I had filed my returns before due date promptly. I paid an amount of Rs 1130 as self-assessment tax since I had to pay Rs. 1128 yet as per the tax calculations. While filing I entered the challan number, BSR code and date of credit correctly, however amount paid was mentioned as Rs. 1128 instead of Rs. 1130. Now I have received intimation u/s 143(1) informing me that the tax payment claim is unmatched and the notification states that net tax amount payable as Rs 1130.

Kindly let me know what should be my next step now? Can I file a revised return with the self assessment tax paid details updated with the actual amount paid (i.e Rs 1130). If yes, under which section should I file the revised return?

 

 

 

Intimation deemed to be Assessment Order . So you can't file revised Return. You have only option that  Rectification U/s 154.

Don't file a revise return just go to rectify such mistake u/s 154

File a Rectification online and also file hardcopy to the AO.


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