Hello experts.
I have received an "INCOME TAX INTIMATION U/S. 143(1)" order letter. In a comparative form, it has information about the computation of income "As Provided by Taxpayer in Return of Income" and "As Computed Under Section 143(1)."
There is only one difference. It shows that the "total income after deductions" "As Computed Under Section 143(1)" is Rs.5 (five rupees) more than the original amount in Return of Income.
I used the appropriate MS Excel file available from the IT website to prepare the Return. Also received acknowledgement receipt of ITR-V through e-mail. Can't understand how they calculated this amount.
By the way, there is no tax payable neither any amount refundable.
Would you kindly advice what should I do from my side?
Thanks in advance.
CAclubindia
