What is Section 154

Nishant (software engineer) (24 Points)

11 May 2010  

Hi, few days back I got a letter from IT dept subjected "INTIMATION UNDER SECTION 143(1) OF THE INCOME TAX ACT, 1961" which is also haiving a Challan. I e-filed my return for assessment year 2008-2009. However, by mistake I used ITR form for A.Y 2007-2008 to file return for A.Y 2008-2009. Another point, I could not submit bar coded acknowledgement form for the same. I guess I got this letter due to this. But I deposited manual copy of acknowledgement form with proper A.Y 2008-2009 along with Form 16 of the respective year. Can someone advise what to do in this case because I have already paid the respective tax and interest. I want to waive the amount which is shown in this letter.

Thanks in Advance.

Nishant