Intimation u/s 143(1)

This query is : Resolved 

05 February 2016 Dear all, Pls explain me intimation u/s 143(1) in short.

05 February 2016 A communication from the department to the assessee based on the return filed u/s 139 or in response to a notice u/s 142(1).
Based on the information provided in the return itself by the assessee and the information available with the department about taxes paid, TDS etc. (no extraneous information other than from the return filed will be considered generally) the department will process and recompute the tax liability and interest and make an intimation to the assessee.

05 February 2016 A communication from the department to the assessee based on the return filed u/s 139 or in response to a notice u/s 142(1).
Based on the information provided in the return itself by the assessee and the information available with the department about taxes paid, TDS etc. (no extraneous information other than from the return filed will be considered generally) the department will process and recompute the tax liability and interest and make an intimation to the assessee.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries