Shivshankar (a c.a student) (229 Points)
08 December 2010Dear Friends can any one please help me on the following topic:
I have uploaded my Income Tax Return for A.Y.2009-10 online but have't received assessment order u/s 143(1) till now, what will i need to do or can i download it after loging in to my account.
CA PARAS BAFNA
(Practising CA )
(33428 Points)
Replied 08 December 2010
U/s 143(1) intimation is issued only when during the processing of Return if department finds any error, apparent incorrect claim, incorrect tax or interest calculation or -otherwise refund is due.
Suppose if the return is filed on 14-12-2009.This Financial year ends on 31.03.2010. The second proviso to this subsection says that after 31.3.2011 no intimation will be sent.
SO, if your return is accepted as such you may not receive any intimation. Your assessment is deemed to be completed.
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