Assessee has received intimation u/s 143(1), where some expenditure are disallowed and tax liability is computed.
Aggreived to this how can assessee further proceed?
Because this is an intimation and not an assessment
7 Replies
VARUN MAHAJAN ADVOCATE
(Proprietor)
(339 Points)
Replied 12 December 2018
Rectification should be filed
Anoopa H P
(Member of ICAI CS Executive)
(192 Points)
Replied 12 December 2018
Reply to the intimation received by following steps
1. Login to income tax efilling website
2. Go to your action tab.
3. Search for particular intimation.
4. Select and reply for the intimation.
I think this is helpful.
1. Login to income tax efilling website
2. Go to your action tab.
3. Search for particular intimation.
4. Select and reply for the intimation.
I think this is helpful.
CA AMIT JAKHWAL
(CA in practice at M/s Amit Jakhwal & Associates )
(84 Points)
Replied 12 December 2018
@ Uday Rathi
You have two Option here:-
1) If you Agreed with the intimation u/s 143(1) :- Then revise your return by considering the fact & figure intimated by the department and then pay the additional tax with interest ,by following the path as mentioned above by Mr. Anoopa HP.
2) If you disagree with the demand mentioned in the intimation u/s 143(1) :- Then make an application u/s 154 of the Income Tax Act to concered Assesing officer for rectification of the mistake apparent from record. Please mention all the details properly so that you make your point clear.You follow same path for reply as mentioned above.
I Hope your query is resolved .If you need any further assistant feel free to revert back.
Jayaram
(Senior Finance Officer)
(398 Points)
Replied 12 December 2018
How many days take for complete all procedure of Condonation request. i completed it on 5/11/2018
CA Nikhil Arora
(Chartered Accountant)
(91 Points)
Replied 12 December 2018
Pls submit your respnonse on the Income tax portal.
If you are satisfied with the demand then revise the return and pay demand accordingly otherwise go for Sec 154 or CIT (A)
As intimation u/s 143(1) is also considered as notice for demand and there is no need to issue separete notice for the demand liability.
Uday Rathi
(133 Points)
Replied 12 December 2018
one of my client has not filed any return for the AY 1516 and before
he has tds deducted in his account during that period and he expects to receive refund
can a condonation of delay be filed befpre the CIT for filling and claiming the refundm
he has tds deducted in his account during that period and he expects to receive refund
can a condonation of delay be filed befpre the CIT for filling and claiming the refundm
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