Assessment

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 October 2013 I filed my revised E return in the month of Aug 2012. have not yet received 143(1).can any body tell me the reason for such long delay. Thanks

@VaibhavJ

@VaibhavJ (Expert)
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13 October 2013 Hi

U/s 143(1), the time limit of issue of intimation for dedmand is one year from end of the financial year in which the return was filed.

Thanks//VaibhavJ

Querist : Anonymous

Querist : Anonymous (Querist)

13 October 2013 Thanks Vaibhav

I have checked In my revised ITR every thing is matching, Can CPC ask some clarification after 30th Sept which is last date for issue of 143(2)I am told by somebody that after 30 sept is over the ITR is deemed to be the intimation 143(1)

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Querist : Anonymous

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19 December 2013 I have still not received 143(1).

Querist : Anonymous

Querist : Anonymous (Querist)

19 December 2013 Vaibhav Are u there

@VaibhavJ

@VaibhavJ (Expert)
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19 December 2013 Hi

Since you have filed return in Aug 12, so it pertains to FY 2012-13.

So time limit for issuance of notice is 30.9.2013 (time limit for serve of notice u/s 143(2) shall be within 6 months from the end of relevent financial year , in which the return is made)

So if no notice is received it deems that everything is OK

Thanks//VaibhavJ

@VaibhavJ

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19 December 2013 Pl refer for understanding IT notices:

http://www.knowledge.fintotal.com/Income-Tax-Notices-How-to-Deal-with-Them/6505#sthash.pJ8B1hE4.dpbs

Thanks

Querist : Anonymous

Querist : Anonymous (Querist)

19 December 2013 Thanks Vaibhav

I am old man of 68 yrs so little worried I revised my return as there was some mistake.Every thing is matching This delay is because I revised the return I was talking to one of my friend He says at this stage ITRV can be taken as143(1)since 30th sept is over

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@VaibhavJ

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19 December 2013 Hi,

Yep, he is correct, if no intimation is received from IT dept. in due tinme, ITR-V is deemed notice u/s 143(1).

As you are saying there was no mistakes so all is well.

Thanks//VaibhavJ

Querist : Anonymous

Querist : Anonymous (Querist)

19 December 2013 Thaks Vaibhav
You are very nice GOD bless you.

Did you revise any return in AY 2012-13

@VaibhavJ

@VaibhavJ (Expert)
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19 December 2013 Hi,

Yes, may be one or two returns.

Querist : Anonymous

Querist : Anonymous (Querist)

19 December 2013 Thanks
Have you received 143(1) for these cases

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@VaibhavJ

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19 December 2013 I guess no, else i would have received calls from them too.

Querist : Anonymous

Querist : Anonymous (Querist)

19 December 2013 thanks Vaibhav

Kindly check I will ask You tomorrow I have inquired from couple of persons none of them have received 143(1) (revised cases.
Kindly give me your mail Id

Querist : Anonymous

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21 December 2013 Vaibhav

are u there

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Querist : Anonymous

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21 December 2013 Vaibhav

are u there

@VaibhavJ

@VaibhavJ (Expert)
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21 December 2013 Hi

Mine ID is ca@vaibhav.pro

Thanks

Querist : Anonymous

Querist : Anonymous (Querist)

21 December 2013 through a circular CBDT has extended the processing date for the cases whose last date for issue of 143(1) was before 1/4/2013 For AY 2012-13 THE DATE MAY EXTEND beyond 31/3/2014. Have u gone through that circular This notice is displayed National Website of income tax

Querist : Anonymous

Querist : Anonymous (Querist)

26 December 2013 Hi

There may come a Situation the 143 (1) is not sent by CPC before 31st march.What will be the status of assessment.

Querist : Anonymous

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26 December 2013 Vaibhav

I am waiting for your reply.
Thanks

Querist : Anonymous

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26 December 2013 I want to talk to you on phone

@VaibhavJ

@VaibhavJ (Expert)
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26 December 2013 Dear Sir,

In that also notice doesn't stand true.

Be relaxed, since you have paid all taxes no notice need to worry.

Thanks

Querist : Anonymous

Querist : Anonymous (Querist)

28 February 2014 Vaibhav
are u there ,thanks

Querist : Anonymous

Querist : Anonymous (Querist)

28 February 2014 I received 143(!)for original AY2012-13on Feb10 and they have refunded the amount.I submitted revised return just after 10days of the original return Both ITRV were sent in the same envelop .Kindly advise me what to do They are not processing the revised return.If they process the revised I have to pay demand,as my revised return is about 50,000 more than the original When ever I call CPC they say wait for some time. As a law are they bound to send 143(1)by 31st of march 2014?.

Querist : Anonymous

Querist : Anonymous (Querist)

19 March 2014 Are U there? Can I discuss a poit