Itr rectification filing - 143(1)

1232 views 2 replies

deepak

Intern

44 Points Joined August 2013

Hi All,

My friend recently received a mail from IT department on 07-06-2013 regarding her 143(1) which states that there is a mismatch in his previous year (A.Y 2012 - 2013) IT filed between 1.computed under section 143(1) and 2.provided by Taxpayer in return of income.

Please let me know the answers for the below questions.

1.I found out that there was a error while filing previous year (A.Y 2012 - 2013) IT through online, amount entered in online is greater than actual amount so there is no need to pay extra amount as mentioned in the notice. Do we need to rectify this only by online application?

2.What is the procedure for online rectification?

3.From google I came to know that, these rectification needs to be done within 30 days of the notice. He havnt responded to the notice until today which is more than 30 days from the day of notification.Please suggest what we need to do? Will there be any penality towards it?

Replies (2)

mahesh

self employed

92 Points Joined June 2011

don't worried,

u can go no efiling website of income tax and login of your friend efiling account and then u see on side quick link menu in this menu u click on rectification request and make rectification of ypur return and your return will rectified very shortly...

S.R.Associates

Tax & Investment Consultants

115 Points Joined August 2013

Deepakji,

Don't panic.It's just a routine process in which first you file IT Return and after that IT Deptt match the data with the data available in thier record and finally they issue us intimation u/s 143(1) and it is called processing of returns.It is not final until you quit.Because there are still some remedy and this is called rectification.

So just file online rectification return and disclose the fact why you don't agree with IT Calculation given in intimation.If you are right,then they will have to rectify the same.

Thanks & Regards,

M/s S.R.Associates

Cell:9685595760

e-mail:srassociates0713 @ gmail.com

https://www.facebook.com/pages/SRAssociates/600829063295496