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Intimation u/s Section 143(1) – Notice and Responses

Taxation in India

Intimation u/s Section 143(1) – Notice and Responses

Have you also received an intimation under section 143(1)? Fret Not! It is not necessarily a demand or notice of some amount payable to income tax. It might reflect the refund amount you will receive anytime soon.

Intimation u/s 143(1) is issued by the income tax department once your return is processed. Read below to know more.

Have you received a notice u/s 143(1) that’s causing sleepless nights for you? Well, that’s what an income tax notice does to individuals. But let us tell you an interesting fact that you might not be aware of the fact that not all Income Tax Notices are as dreaded as they’re perceived. Some income tax notices have good news too. So you should keep calm and read the notice carefully. This guide would also be helpful for you to understand how to respond to the notice you have received.

What is Intimation u/s 143(1)?

Intimation u/s 143(1) is a summary of the details you have submitted to the tax department and the details the department has considered while processing your return. Basically, the intimation u/s 143(1) contains the following information:

  1. Permanent Details of assessee like name, address, etc
  2. Income Tax Return filing details like acknowledgment number, filing date, etc
  3. Refund sequence number
  4. Tax Calculation as provided by you in the Return of Income
  5. Tax as Computed under section 143(1) {i.e. As per Department}

Why is the intimation u/s 143(1) issued?

Basically, when a return is submitted to Income Tax Department, the department applies the following computerized checks as a part of its review procedure:
Arithmetical errors in the return.

  • An incorrect claim, which is apparent from any information in return. For example, if the deduction u/s 80C is claimed more than the maximum permissible deduction u/s section 80C i.e., Rs 1,50,000, the excess shall be disallowed and reflected in your intimation u/s 143(1). Another example may be that rent income is deducted from business income, which is not shown under Income from House Property.
  • Disallowance of expenditure indicated in the audit report but not taken into account in computing the total income in the return
  • Comparison of Advance Tax, Self-assessment tax and TDS, etc., from 26AS.
  • Addition of income appearing in Form 26AS or Form 16A or Form 16 which is not included in ITR
  • Claiming the losses for carry forward to next year when the return is submitted after the due date / set off of losses of the previous year where the return was filed after the due date.
  • Whether deduction under section 10AA, 80-IA, 80-IAB, 80-IB, 80-IC, 80-ID, 80-IE has been taken after the due date of the Income Tax Return
  • Calculation of Tax, Late filing fees, Interest, etc.

Intimation u/s 143(1) is sent to all taxpayers by the Income Tax Department.

Till when can I receive intimation u/s 143(1)?

Intimation u/s 143(1) can be issued only up to 1 year from the end of the financial year in which the return is filed and not after that.

For example,

  1. If you filed your return for the year 2021-22 on 21.07. 2022, then in that case, the financial year-end will be on 31st March 2023, and intimation can be issued for 1 year, i.e., intimation u/s 143(1) can be issued for the FY 2021- 22 only up to 31st March 2024.
  2. Lastly, do not ignore this notice, as you must submit your response within the time specified in such notice in case any action is required.

What should be done on receiving intimation u/s 143(1)?

On receiving the intimation u/s 143(1), there’ll be two cases, either you’ll agree with the computation done by the department or you’ll not.

  • In case you agree with the tax amount payable or the amount of refund due, You would be required to pay the amount of outstanding taxes, or you will simply receive the amount of refund shown in the intimation u/s 143(1).
  • In case you do not agree with the calculations done by the income tax department, You can opt to file an online request to rectify your income tax return under section 154or file an appeal under section 246A.
  • And, if the net amount refundable or payable is zero, then you can treat the intimation received u/s 143(1) as the completion of the return filing process from the Income Tax Department for the financial year in relation to which the return was filed.

What if no intimation is received till the expiry of one year?

If you do not receive any intimation till the expiry of one year from the end of the financial year in which you have filed your return, then your ITR–V acknowledgment will be deemed your intimation in that case. However, it is still suggested that you check online whether the Income Tax Department has processed ITR.

How is the intimation u/s 143(1) received?

These intimations are auto-generated and are sent to the Email address provided by you at the time of filing income tax returns online / mail id given at the time of registration on the income tax website. The sender of these emails is Central Processing Centre (CPC), with the sender id being intimations@cpc.incometax.gov.in, as the returns are processed at CPC only.
As technology is growing, so is the Income Tax Department. Now with Intimation u/s 143(1) sending, a text message is also sent to the registered mobile number.

What is the password to open intimation u/s 143(1)?

The attachment received is a password-protected file which is your PAN number in lowercase followed by your date of birth in DDMMYYYY format.

For example,
Suppose your PAN is AAGRK5803P and your birth date is 2nd November 1982, then the password to open your online intimation u/s 143(1) shall be “aagrk5803p02111982”.

Check the following points when you receive an intimation u/s 143(1)

  • The intimation has your name on it.
  • The Intimation has a document identification number
  • All Incomes are considered properly under the appropriate head, and the Income of one head is not considered under another head or repeated elsewhere.
  • The deductions you have claimed under 80C and other sections of chapter VI A are considered.
  • TDS/TCS claimed Advance Tax paid, and Self-Assessment Tax paid in the computation by CPC.
  • Any relief u/s 89, 90/90A/91 or any rebate claimed/ allowable is considered in the Intimation.

 

Frequently Asked Questions

▶By which mode will I receive Section 143(1) notice from the IT department?

You will receive an email from the IT department with the subject line” Your ITR intimation.” The department also sends an SMS alert to the tax filer that the intimation notice has been sent to their registered email ID.

▶How do I open intimation u/s 143(1)?

To open intimation received under section 143(1), the password is PAN and DOB, for example, if your PAN is AAGRK5803P, and your birth date is 2nd November 1982, then the password to open your online intimation u/s 143(1) shall be “aagrk5803p02111982”

▶How do I file rectification for intimation u/s 143(1)?

To file rectification for intimation u/s 143(1), you have to log in to your income tax portal account, then go to the Service tab, select rectification, and choose relevant A.Y. and file.

▶Can I use Intimation u/s 143(1) as address proof?

It can be used as proof of address.

▶Is intimation u/s 143(1) and tax assessment order the same?

No, tax assessment orders and intimations are not the same.

▶What do I do if there is no mismatch in an intimation u/s 143(1) notice, no demand, or no refund?

Then there is nothing to worry about; it means your ITR has been processed successfully.

▶Do I need to reply to a 143(1) intimation if I have 0 refunds and 0 tax demand and proper sync on the taxpayer and 143(1) section columns?

No, you are not required to reply if everything is in line.

▶Can I revise my income tax return after receiving intimation u/s 143(1)?

you can revise your return till 31 December of the relevant assessment year even after receiving intimation u/s 143 (1) as this intimation is not an assessment.

Disclaimer: This tax consultancy article is for educational purposes only. It does not constitute personalized tax advice. For specific tax situations, consult a qualified tax professional or contact Qualified Munim Team at qualifiedmunim@gmail.com or +91-74199-00446. Visit www.qualifiedmunim.com. We are not liable for any actions taken based on this information.

 

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