Intimation u/s 143(1)

Tax queries 272 views 4 replies

Akshaya Priya

CA Final Student

48 Points Posted on 20 June 2018

Hello!

My friend have received an intimation from the IT Dept with following queries:

1. Charging interest u/s 234B and 234C since the tax liability was above Rs.10,000.

2.They have not considered the TDS deducted on the above income.

3.Since he is a salaried employee he was deducted TDS and so he did not pay advance tax.

My Query:

1.Should I file a revised/rectification to IT? (or)

2. Is it sufficient if I give reply online in the outstanding demand section?

Thanks in Advance!

Replies (4)

A B Kundu

Professional

1427 Points Posted on 20 June 2018

If in the Outstanding Demand section there is option to file revise return then it is recommended to file the revise return, otherwise, by disagreeing the demand, provide all the information about TDS deducted like Deductor's name, TAN, Amount of TDS in the reply comment box and if there is a place of uploading documents then upload the Form-26AS or Form-16 which is the proof of tax deducted from salary.

Ashiwini Ballodia

Managing Partner at TAXounting

8742 Points Posted on 20 June 2018

1st check whether the TDS deducted is reflected in 26AS or not

If it is reflected in 26AS than file the rectification return by tagging the TDS amount

If it is not reflected in 26AS than contact the person who has deducted TDS and tell him to revise the TDS return

Kalpesh

Chartered Accountant

349 Points Posted on 20 June 2018

Same thing happened in case of my client.

I had visited Income Tax Officer of my Jurisdiction. He told me reply it online, and CPC will rectify their mistake.

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 20 June 2018

@ Akshaya Priya.,

You said, Your Friend got the intimation as per above... But,

How about his filing with TDS amount based on 26AS or Form 16...?

You ll clear How is he file his return then only we will reply based on the query...!!