Intimation under sec 143(1) by cpc

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 March 2013 I find from intimation received u/s 143(1) from CPC Bangaluru that they have not considered depreciation at all while computing business income and hence raised a demand as per this intimation. This has happened in more than one case. Kindly advise whom and how I can contact for getting it rectified. The ITR 4 submitted was correct but IT department's computation as given in intimation shows business income without depreciation.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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11 March 2013 file for rectification.

CA Himanshu Kansal

CA Himanshu Kansal (Expert)
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12 March 2013 Communicate to your jurisdictional ITO with the Intimation u/s 143(1) and also with the depreciation computation and also the business income computation sheet.
File an application for rectification because its mistake apparent from records.

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