25 December 2013
1. Intimation u/s 143(1) is issued on processing of return. It relates to the previous year for which the return is filed.
2. Notice u/s 245 is for adjustment of demand of past years.
3. On receipt of notice u/s 245, an application needs to be filed with the jurisdictional AO requesting him to cancel the demand. The copy of income tax return of the said year along with copy of Form 16/16A needs to be attached with the application.
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