Communication u/s 143(1)(a)

ITR 34265 views 151 replies

I have entered hypothetical numbers.

Hi,

I have recieved a communication with Subject : Communication of proposed adjustment u/s 143(1)(a) of Income Tax Act, 1961.

The communication mentions a difference between Taxable Income as per Return filed and as per Form 16.

As mentioned in the communication recieved:
Income as per Return - Rs 10,00,000
Income as per Form - Rs. 10,10,000

There is a discrepancy of Rs. 10,000 as per the communication recieved.

However, please find below the details of the particulars entered by me while filling the Return:

Taxable Income as Per Form 16 recieved from employer - Rs. 9,90,000
Income from Other Sources (Interest from Savings Bank A/C) - Rs. 20,000 (My Bank did not cut any TDS, and this was not mentioned in my Form 16)
The  sum of the above 2 details is Rs. 10,10,000 (same as per Communication recieved)

However, I have claimed a deduction of Rs. 10,000 under Sec 80TTA.
Therfore, Total Taxable Income = Rs. 10,00,000

I have also paid the extra tax and mentioned the Challan number while filing the return.

The communication also mentions that I need can submit response by submitting it in "e-Assessment/Proceeding" under the “e-proceeding" section. However, when I go to this page, I do not have an option to submit a response.

 

Can anyone please help me understand what needs to be done? As per my understanding I did the correct thing by adding the extra Income from Saving Bank A/c as "Income from other Sources" and then deducted Rs. 10,000 under Sec 80TTA. I have been doing the same thing for 3 years, and this has been the first time I have recieved such a notice.

Thanks,
Pushpreet

Replies (151)

even i got the same 

Are you able to see anything in "e-Assessment/Proceeding" under the “e-proceeding" section.

 

Can any anyone help us here? The notice says -

"The response received shall be considered before making any adjustment. In case, no response is received

within 30 days (thirty days) of issue of this intimation, the return of income will be processed after making

necessary adjustment(s) u/s 143(1)(a) of Income Tax Act, 1961 without providing any further opportunities in this

matter."

In case additional tax liability is raised and you agree with that, just pay it. In case not, then you can respond with your explanation.

Even I have received same notice today and to my luck, apart from interest on savings the account, the IT department is also proposing to add back the loss from self-occupied house property to my total income because it not reflected in form 16!

Online portal "e-Assessment/Proceeding" under the “e-proceeding" section say "no record found".  Then I called the CPC call centre number and they replied me saying that there is some technical issue with the online portal, try after 4-5 days.

I believe more tax payers will receive this Communication of proposed adjustment u/s 143(1)(a) of Income Tax Act, 1961. 



 

 

 

Hi All,

i have received the same, Looks like I made mistake by adding Interest earned from the saving bank accounts and then deducted the same under 80TTA.

Now they are demanding to add 5411 ( Interest earned ) to the ITR again.

What should we do now. thanks.

please help me on this -> kapil (dot ) august ( at ) gmail ( dot ) com

Guys,

any updates.

1- Can we file again revise ITR

Hi,

 

Saving Bank A/c as "Income from other Sources" and then deducted Rs. 10,000 under Sec 80TTA.

- above you did is wrong if interest earned from saving bank is less than 10k, It should have been added to the Gross Income.if you re-check...80TTA amount havent got deducted, that is why you are getting difference of 10,000 in income tax.

Please also let me know the solution. Thanks,

 

Kapil

 

I have received same notice. In my case also there is a gap of 10,000 which is the 80TTA deduction. Did you find any solution ?

If I disagree to the addition in response, it is asking for TAN etc., but there is no TDS for interest in saving bank accounts.

Yes in simple cases of data entry issue, revising the return should take care of it.

Neeraj ji - Can we submit the revise return now ? Please advise.

I added 20000, as Income from Other Sources and deducted 10000 u/s 80TTA. Effectively increasing my Taxable income by 10,000. What is wrong in this?

Income Tax Dept wants me to add the 10000 as well in the taxable income?

Exactly. I totally agree with Pushpeet. If I agree to add 10000 to my net taxable income, I have to pay extra tax which I should not.

"Are you able to see anything in "e-Assessment/Proceeding" under the “e-proceeding" section."

- The response option is available today. Yesterday the option was not there.

I have two options :

1. To agree to add 10000 in my taxable income and file a revised return.

2. To disagree. In this case it is asking for TAN etc. which I do not have as there is no TDS deducted for savings account interest.

No clue what to do in this situation.

Hi Kapil, if it is needed then yes you can submit revised return now. 


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