What is Section 154

Hi, few days back I got a letter from IT dept subjected "INTIMATION UNDER SECTION 143(1) OF THE INCOME TAX ACT, 1961" which is also haiving a Challan. I e-filed my return for assessment year 2008-2009. However, by mistake I used ITR form for A.Y 2007-2008 to file return for A.Y 2008-2009. Another point, I could not submit bar coded acknowledgement form for the same. I guess I got this letter due to this. But I deposited manual copy of acknowledgement form with proper A.Y 2008-2009 along with Form 16 of the respective year. Can someone advise what to do in this case because I have already paid the respective tax and interest. I want to waive the amount which is shown in this letter.

Thanks in Advance.

Nishant

Replies (1)

Hi Nishant

 First of see that in the notice it will be clearly mentioned the A.Y for which the notice is issued to u .

The notice should mention the date on which u yourself and if not person authorised by u should attend that meeting in which u should carry

1) copy of return filled by u

2) form 16

3) T.D.S challen

4) Advance or self assessment challan copy if there

5) if any computation sheet than that also

Don't worry just attend the meeting and present ur case

for any guidance consult me

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