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Intimation u/s 143(1) - reg

swati (Articled clerck) (129 Points)

08 February 2011

Hello friends,

I have a query. Its like for one of the clients, we filed the ITR - 4 for AY 09-10 on 24.02.2010. But we have wrongly filled in the P/L and B/S of some other concern. But all the other details are of the clients'. So we go the TI-TTI part as correct as per the computation. But now we have received an intimation u/s 143(1) from the IT dept. to pay excess tax (which is of the wrongly provided information of the other concern). So can I now file a revised return for the client after receiving the intimation from the dept.. Please advice

Regards

Swati.

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6 Replies

Raam Iyer (Articleship) (116 Points)
Replied 08 February 2011

yo can file reply for 143(1) order by online for the demand raised...yo can rectify the errors and upload the revised xml file...yo ll be getting an acknowledgment for the same

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 08 February 2011

in case of belated return, revised return is not permitted, however u have to file the same 1st, then go for rectification, after rejection u have to file appeal.

Karan Teli (Life Is just an Illusion...!!) (4573 Points)
Replied 24 February 2011

once the procedure from such revision of return is done you also have to write a letter informing the errors committed and then rectifed and ask the department to pass a modification order under 154....

Ramya Kinthali (Financial Consultant) (108 Points)
Replied 24 February 2011

hey frnds suppose in the given situation if return is not furnished belatedly..... and intimation under 143(1) has been reseived ......

can a revised return be filled now.....

my doubt is .." revised return can be filled within 1 yr from end of relevant AY or before completion of assessment"

can scrutiny under 143(1) be called as assessment for this purpose... as i feel tat its not assessment but only arithmetic n incorrect claim check....

@*CS Siddharth Bumb. * (B.Com, CA Final, CS ) (5270 Points)
Replied 24 February 2011

yes, on online demand you can revised return, first write reason of misrepresentation and then upload return which revised, you will get acknowledgemnet immediately