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Intimation u/s 143 (1) received by e-mail & sms

19 October 2017

I have received the above intimation stating my tax return has been processed but the status hasn't been changed on the income tax website.

Any idea?

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6 Replies

Ashiwini Ballodia (Managing Partner at TAXounting) (8727 Points)
Replied 19 October 2017

It will change within a week

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(Guest)

agree with above but some part has to be understand

While processing your income tax return, the tax department makes small adjustments or corrections in your tax return. They may then recompute your total income and taxes. Such adjustments result in an intimation under section 143(1).

If there is an arithmetical error in the return or certain TDS has been disallowed to be claimed or something has been claimed which is not as per limits allowed — all these result in a notice or intimation under section 143(1). These intimations are usually computer generated.

There may be rounding off errors which the department may correct because of which a final tax due or refund may arise. Sometimes it could just be an intimation that that the Department has determined your refund adjusting for interest.

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