intimation u/s 143(1) F.Y. 2008-2009
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 February 2011
I have received a intimation u/s 143(1) that reflect the amt. of rs. 2,01,290/- as income but my deduction u/s 80C of rs. 57546/- not less frm my net income. I have a ack. with 201285-57546=143739/-
why they have send me intimation ?
Do I hv to rectify it by rectification u/s 154 with ledger of LIC paid in Year 2008-2009 ?
Do I need to send Rec. 154 by Registered AD Post or go personally bcz i m far away (150 K.M) frm my Ward office.?
give me the solution sirs,
thanks
why they have send me intimation ?
Do I hv to rectify it by rectification u/s 154 with ledger of LIC paid in Year 2008-2009 ?
Do I need to send Rec. 154 by Registered AD Post or go personally bcz i m far away (150 K.M) frm my Ward office.?
give me the solution sirs,
thanks
17 February 2011
No Income Department has started the rectification u/s 154 online on the efiling website. So do online. but check whether available for year 2008-09.
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 February 2011
but what about offline filing ?
i have filed offline return ?
i have filed offline return ?
01 August 2024
Based on your query regarding the intimation under Section 143(1) for FY 2008-2009 and the discrepancies related to deductions under Section 80C, here’s a step-by-step guide to address the issue:
### **Understanding the Intimation Issue:**
1. **Discrepancy Explanation:**
- The intimation you received reflects a different amount of income than you expected. You mentioned that your deductions under Section 80C were not considered correctly, leading to an apparent income discrepancy.
2. **Reasons for Intimation:**
- The intimation under Section 143(1) may show a higher income due to the non-consideration of your claimed deductions or other mismatches in reported income or tax credits.
### **Steps to Resolve the Issue:**
1. **Verify the Details:**
- **Check Intimation:** Carefully review the intimation notice to understand the specific discrepancies. Compare it with your filed return and ensure you have correctly claimed all deductions.
- **Review Documents:** Ensure that all documents, including proofs of deductions under Section 80C, were correctly submitted.
2. **Rectification Under Section 154:**
- **Rectify Mistake:** If there’s an apparent mistake in the intimation, such as non-consideration of your deduction under Section 80C, you can file a rectification application under Section 154.
- **Prepare Documents:** Gather all relevant documents, including proof of LIC premiums paid and any other supporting documentation.
3. **How to File Rectification:**
- **Online Filing:** You can file the rectification application online through the Income Tax e-Filing portal:
- **Login:** Access the [Income Tax e-Filing Portal](https://www.incometax.gov.in/iec/foportal).
- **Select Rectification:** Navigate to the “Rectification” section under “My Account.”
- **Provide Details:** Fill in the necessary details and attach relevant documents.
- **Offline Filing:**
- **Preparation:** If you need to file offline, prepare the rectification request in a prescribed format along with supporting documents.
- **Submission:** You can send the rectification request by registered post to the jurisdictional Income Tax office. Ensure that you get a receipt or acknowledgment of the posting.
4. **No Need for Personal Visit:**
- **Mail or Online Submission:** If you are far from the Ward office, you do not need to visit personally. You can file online or send the rectification request via post.
5. **Considerations for Filing Offline:**
- **Send by Registered AD Post:** If filing offline, sending the rectification request by registered AD post is advisable to have a record of submission.
- **Ensure Accuracy:** Make sure that all information and supporting documents are accurate and complete to avoid further discrepancies.
### **Summary of Actions:**
1. **Review the Intimation and Compare it with Your Filed Return.**
2. **File a Rectification Application Under Section 154 if Necessary.**
3. **File Rectification Online through the Income Tax Portal or Send by Registered AD Post if Filing Offline.**
4. **Gather and Attach All Supporting Documents (e.g., Proof of LIC Premium Payment).**
By following these steps, you should be able to address the discrepancy and resolve the issue with the intimation under Section 143(1).
### **Understanding the Intimation Issue:**
1. **Discrepancy Explanation:**
- The intimation you received reflects a different amount of income than you expected. You mentioned that your deductions under Section 80C were not considered correctly, leading to an apparent income discrepancy.
2. **Reasons for Intimation:**
- The intimation under Section 143(1) may show a higher income due to the non-consideration of your claimed deductions or other mismatches in reported income or tax credits.
### **Steps to Resolve the Issue:**
1. **Verify the Details:**
- **Check Intimation:** Carefully review the intimation notice to understand the specific discrepancies. Compare it with your filed return and ensure you have correctly claimed all deductions.
- **Review Documents:** Ensure that all documents, including proofs of deductions under Section 80C, were correctly submitted.
2. **Rectification Under Section 154:**
- **Rectify Mistake:** If there’s an apparent mistake in the intimation, such as non-consideration of your deduction under Section 80C, you can file a rectification application under Section 154.
- **Prepare Documents:** Gather all relevant documents, including proof of LIC premiums paid and any other supporting documentation.
3. **How to File Rectification:**
- **Online Filing:** You can file the rectification application online through the Income Tax e-Filing portal:
- **Login:** Access the [Income Tax e-Filing Portal](https://www.incometax.gov.in/iec/foportal).
- **Select Rectification:** Navigate to the “Rectification” section under “My Account.”
- **Provide Details:** Fill in the necessary details and attach relevant documents.
- **Offline Filing:**
- **Preparation:** If you need to file offline, prepare the rectification request in a prescribed format along with supporting documents.
- **Submission:** You can send the rectification request by registered post to the jurisdictional Income Tax office. Ensure that you get a receipt or acknowledgment of the posting.
4. **No Need for Personal Visit:**
- **Mail or Online Submission:** If you are far from the Ward office, you do not need to visit personally. You can file online or send the rectification request via post.
5. **Considerations for Filing Offline:**
- **Send by Registered AD Post:** If filing offline, sending the rectification request by registered AD post is advisable to have a record of submission.
- **Ensure Accuracy:** Make sure that all information and supporting documents are accurate and complete to avoid further discrepancies.
### **Summary of Actions:**
1. **Review the Intimation and Compare it with Your Filed Return.**
2. **File a Rectification Application Under Section 154 if Necessary.**
3. **File Rectification Online through the Income Tax Portal or Send by Registered AD Post if Filing Offline.**
4. **Gather and Attach All Supporting Documents (e.g., Proof of LIC Premium Payment).**
By following these steps, you should be able to address the discrepancy and resolve the issue with the intimation under Section 143(1).
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- Inventory of finished goods
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
