Dear Friends,
In response to a return(ITR-1) filed duly on behalf of an individual(govt employee having only salary income), have received an intimation u/s-143(1), which says there is a further demand of Rs.12000 plus some interest, due from the assessee as there is some mismatch in the TDS declared as deposited by the assessee in the return and that reflected in 26AS.
When I checked, realized that the said amount of TDS i.e. Rs.12000 pertaining to the 1st Qtr of FY 2012-13 has also been deducted by the employer and deposited promptly but under a different TAN as the employee was then posted with another branch located in another State. Thereafter the employee was transferred to Delhi and hence while filing the return the entire TDS details were shown to be deducted by the Delhi branch. Although the TDS details should have been split under the two TANs of the two different States.
Now according to me filing a revised return, spliting the TDS amount between the two TANs should suffice, but I want to know what to do with the intimation? Do I need to reply to that or any other rectification procedure need to be followed?? And hopefully no interest is to be levied thereon right as the original return was filed before the due date?
Regards,
CAclubindia
