Live Course on Drafting of Appeal and Reply of Penalty Notice by CA Sachin Sinha. Register Now!!

order us 143 (1)

santhuamma415@gmail.com (223 Points)

06 November 2018

what is order under section 143 (1)under income tax act

Reply
Follow
Share

3 Replies

Nitesh bind (Student CA Final ) (12692 Points)
Replied 06 November 2018

Under section 143(1) Intimation is issued to the Assessee about the Processing of his return. It is not any Order but just an Intimation about the processing of their return, the marching of deduction claimed and Actual deduction allowed the Tds claim, matching information with 26 AS etc.

Susmita Dutta, CA , CPA (CA ) (2141 Points)
Replied 06 November 2018

Income tax department carries out a preliminary assessment of all the returns filed and intimate taxpayers the result of such preliminary assessment. Such intimation to the taxpayers post preliminary assessment is called intimation under Section 143(1).

1 Like

Narayan P. (16 Points)
Replied 07 November 2018

It is an intimation about the processing of Return by Income tax department and not a order. Assessment order is issued U/s 143(3) after assessment is completed .