Intimation Under Section 143(1) of Income Tax

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Hi,

I have recieved an Intimation under section 143(1) of income tax.I am a salaried person and have source of income as my salary only.My company has deducted TDS from my salary but still I recieved this intimation from IT depatment of India stating I am liable to pay tax.However as per the Form 16 of the assessment Year I am actually supposed to get a refund from IT departement of India.

Have attached the IT intimation under 143(1)  along with the form 16 snap shot.

Request you to please help me and suggest an approach to tackle his situation and how to go ahead.

Thanks in Advance


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Replies (9)

Hi Anand

U see ur Return Acknowledgement wheather refund has been claimed or not. Then If yes then take ur original Form 16, Return Acknowlegement & this 143(1) intimation to ur AO & ask him he will help u.

Thanks

R Shriram.

Have u given ur PAN no . to  employer as the tax credit of TDS is not allowed in intimation  .

Ask ur company to revise the TDS return if there is any mistake in it .

Make a rectification application u/s 154 attach foem 16 along with it.

Check the TDS credit in Form 26 AS online...

 

Please check 26AS statement through nsdl website. whether TDS deducted by your company showing or not ?

Please Check Form 26AS and if refund is being shown according to that form then submit a letter to your assessing  officer for refund alongwith Form 16

Yes Seema is correct because some times there might be mistake in filing E-tds due to such mistake there will be difference, the same problem is faced by one of my client , there is some mistake in filing quaterly e-tds return due to such mistake there is a mistake as per the actual TDS as per 26AS and the TDS certificate give by the company. ............... please check with ur company and take the help of IT officers thy willl guide u 

file letter U/s.154 to the assessing officer stating WRONG DONE BY HIM  along with a copy of u'r form 16 and also form 26AS

first you should check Form 26 AS from NSDL site, if TDS is properly Deducted and paid by your employer, then you have to wright a Rectification letter u/s. 154 of income tax act, 1961 to your assessing office by staying that....

I have received order u/s. 143 (1) dated 29.03.2011 demanding of ` 7,420/-. I would like to state that you have not given the credit of Tax Deducted at Sources of ` 10,485/-. I M eligible for Refund of ` 4,573/-. Here we are enclosing the copy of Salary Certificate of for the A.Y 2009-10 for your reference.

There is lots of expert's advises given to you. And agreed with all above advised given to you. Hope you found the same usefull and fruitful.

I recently received a letter on Intimation Under Section 143(1) of Income tax. I am really confused.

I work for a corporate company and all the tax is calculated and deducted at source. I had paid my tax and filed for the accessment year 2011-12. In form 16 i have shown that -150000  (7. Add: Any other Income reported by the employee) and that is deducted  from my gross salry(as that Deductions u/s 24 - Interest = -150000) and my tax was calculated. This 150000 is the interest i had paid for my HOME loan and proof was also submitted

But this intimation under section 143(1) letter shows a different story, it has added 150000 to my gross salary. It says that it is the income from house property. I never declared that and It has recalutated the tax. and as per that i need to pay 80K extra and also with interest.

Experts please let me know what went wrong and please help me in this regard


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