Intimation u/s 143(1)

Hello, I have received an intimation u/s 143(1). However, there is no tax payable or refundable as per the initimation. I also didn't file any loss.

So, I am not sure that why I have received the same because generally the acknowledgement of the return filed u/s 139 is deemed to be an initimation if no tax payable or refundable exists.

Please provide your inputs.

Thanks!

Replies (1)
Hi,
 
143(1) intimation may be given within 12 months from the end of FY in which return is filed.
 
If u dont receive any intimation within the above time period......as u said, ack of ur return is deemed intimation under 143(1)
 
In ur case, u r not required to do anything as there is no mistake in the intimation........
 
Trust this clarifies
 

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