Intimation u/s 143(1)

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yogesh pancholi (Querist)
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13 September 2012 Dear sir,
I have received a intimation u/s 143(1) for the assessment year 2011-12 in email id that is as under

Please find attached the Income tax Intimation U/S 143(1) for PAN AHCxxxxx2C with respect to the return of income filed by you for the Assessment Year 2011-12.

In case of variance of Rs. 100 or more, between Tax Credits (TDS/TCS/Advance Tax/Self Assessment Tax) as claimed by you in the Return of Income and the computation under Sec.143(1) per attached Intimation, a separate email will be sent to you providing details on the same.

In this issue i have e filed of return and in this i have a refund of tds of Rs 3569/- it is matched with nsdl site view tax credit for 26a but in the intimation from ITD of CPC banglore they does not consider this tds refund and give us a intimation u/s 143(1).
so please suggest me what can i do so i get my refund as soon as possible
Regards
yogesh pancholi

swasti

swasti (Expert)
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13 September 2012 An intimation u/s 143(1) is a general procedure sent to every assessee who has filed his return. Generally persons filing e-return receive it by mail only. An intimation is not a demand notice. You can check at the end of the intimation, whether it shows tax payable or refund as NIL or any amount appearing. If in the intimation, while processing they have not considered the TDS claimed by you, you could file a rectification u/s 154 of the Income Tax Act 1961 & claim your refund.

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yogesh pancholi

yogesh pancholi (Querist)
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13 September 2012 @SWASTI
Dear mem,
At the end of intimation they have nil refund and nil payable . so please suggest me now u/s 154 rectification means new return is filed or any other option.so i file a new ITR 4 utility and generate a xml file for 2011-12 and upload it in a section of rectification . i want to ask only that a over all information is filed in this new return.

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Pankaj Gupta

Pankaj Gupta (Expert)
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13 September 2012 If intimation u/s 143(1) its received then there must be either any refund or tax payble as per the calculation of department. The intimation must specify the amount of demand raised or refund payable.if not then you might receive another e mail specifying the same. If there is a demand then you can file rectification u/s 154 . Check in your e filling account for the option 154 rectification. under 154 a return for that year will be filed in the same manner as if you are filing a new return.check in your account on e filing website, every detail regarding 154 has been provided over there.

yogesh pancholi

yogesh pancholi (Querist)
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13 September 2012 Dear sir please give me proper detail.what is the procedure to get the refund of this tds.. please in a steps form...

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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14 September 2012 1. Analyse the reasons for not allowing TDS credit.
Possible reasons-
(a) TAN of deductor is incorrect in the return
(b) Status of TDS in Form 26AS is unmatched.

2. After you have identified the reasons and taken corrective measures, file a rectification application.

Pankaj Gupta

Pankaj Gupta (Expert)
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14 September 2012 154 rectification application can be filled through following steps:-
Go to incometaxindiaefiling.gov.in and log in to your account.
*In my account option you will find an option of 154 rectification.
*select the year for which rectification is to be filed and download the excel utility. Fill it in the same manner(with all the correct information as per you )as if filing a new return.generate the xml file and upload it.

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