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Intimation under section 143(1)

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Sreevidhya V

484 Points Posted on 31 March 2019

dear all,
one person received intimation under section 143(1) from CPC With a demand of tax
but there are following problems
1. income is revised to include exempt income of Rs.1lac which is PF withdrawal after completing 5 years of service. due to this der is demand
2. mismatch of tds. already tds reflected in 26AS and taken TDS. In his login also there is no TDS mismatch.but CPC hs tkn mismatch
now for tds mismatch we cn raise rectification.... but for income inclusion of exempt income how to go ahead? pls advise

Replies (15)

Neha Pahuja

127 Points Posted on 31 March 2019

As per my understanding you should file return in response to Section 143(1)...showing separately pf withdrawal income under exempt income...and as far as TDS mismatch is concerned it will remain same i.e.as per 26AS....

CA. Umesh kumar

ca.umesh11@gmail.com

1465 Points Posted on 31 March 2019

FOR WHICH FY ?

rama krishnan

12244 Points Posted on 31 March 2019

if it's for a. y. 2018-19 , file revised return, disclosing exempted income in its respective column

Sreevidhya V

484 Points Posted on 31 March 2019

this is for ay 17-18... already for one correction once revised return filed and taxes duly paid

RAMAKRISHNAN R

INCOME TAX OFFICER

1736 Points Posted on 31 March 2019

Have shown your pf withdrawal under the head exempted income? If not file revised return once again showing exempted income

Sreevidhya V

484 Points Posted on 31 March 2019

in ay 17-18 i don't see any provision in return for showing exempted income....

RAMAKRISHNAN R

INCOME TAX OFFICER

1736 Points Posted on 31 March 2019

In all returns there's provisions to enter exempted income madam

Sreevidhya V

484 Points Posted on 01 April 2019

wil check it up. meanwhile this has been raised by dept several times and the explanation given already..

RAMAKRISHNAN R

INCOME TAX OFFICER

1736 Points Posted on 01 April 2019

Then there's no necessity to worry though time limitation for filing revised return has expired, your issue can be sorted out by filing rectification application. If you have no objections, PLS mail the copy of 143(1) intimation to ramki8219.ito @ gmail.com

Sreevidhya V

484 Points Posted on 01 April 2019

thank you sir... for rectification application is there a change in income accepted.... if accepted pls let me know which option from the drop down tobe selected covering both

RAMAKRISHNAN R

INCOME TAX OFFICER

1736 Points Posted on 01 April 2019

Rectification application has to be made when there's an apparent mistake from record but generally AOs will accept rectification application when there's change in income unless the total income in rectification application is greater than total income in original /revised return

Sreevidhya V

484 Points Posted on 01 April 2019

thank u sir... fr filing rectification out of 4 options from drop down which one tobe selected in this case? cn u pls guide....

RAMAKRISHNAN R

INCOME TAX OFFICER

1736 Points Posted on 01 April 2019

You better file manual rectification application before your jurisdictional AO because Cpc won't rectify in most of the cases unless it's a straight and simple case