Dear team
What is 143(1) intimation demand ? can I rectify the return after receiving this intimation?
please advise
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What is 143(1)
Replies (2)
Form 143(1) is an intimation issued by the Income Tax Department of India. It is sent to taxpayers after their income tax return (ITR) has been processed. The intimation provides details regarding the outcome of the processing. It confirmation that the return has been received and processed tentatively.
Yes, a request for rectification can be submitted on the e-Filing portal if there is any mistake apparent from record, in an Intimation issued u/s 143(1).
Intimation received under sec 143(1) is not an intimation always for revision of return.
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