I filled a belated return for trust (itr7) which shouldn't, I should have filed itr5., now I have received notice under section 143(1) (a), now what I should do., tomorrow is the last day, please help me
But Section 143 (1) (a) refers to the intimation order given by the Income Tax Department of India to the assessee against a return filed for any assessment year.
Please clarify what exactly is written in the Notice
CPC BANGALORE validates data provided in each tax return with details available with income tax department's own record(such as form 26AS generated thru form 16, return submitted , 26AS. This notice points out apparent mistake in the return. Adjustments are made and intimation is accordingly made to the assesse.
1. When notice u/s 143(1)(a) is received, response to the same should be done online. Whether you agree or disagree with the claims made via notice u/s 143(1)(a).
2. In your case since you made a mistake in filing the ROI, the same should be agreed and revised return should be filed within 15 days from the date of giving your response.
Please correct me if the above solution has an alternative view.