Intimation u/s 143(1) is received on registered email and mobile of the assessee. The password to open is PAN in lower case followed by the date of birth in ddmmyyyy format. Eg: aagpr1212a02101980 for PAN: AAGPR1212A and DOB: 02/10/1980
- Check whether personal details like name, address and PAN are correct or not
- Check Assessment Year and the Acknowledgment Number of ITR-V
- Read and match the computation as per ITR filed by you and computation as per the income tax department. The computation includes income details, deduction details and tax details
- If both the computations match, assessee need not take any action
- If there is a mismatch in the calculations, assessee needs to take appropriate action
Action to be taken against Intimation u/s 143(1)
|No Action required||Calculation in the ITR filed matches with the calculation as per income tax i.e. No Demand & No Refund|
|No action required. Refund would be credited to your bank account||Tax payable as per ITR filed is more than the tax payable as per income tax calculation i.e Refund|
|File Revised Return u/s 139(5)||If you observe any mistakes in the ITR filed|
|Pay Demand and File Response (within 30 days)||Tax payable as per ITR filed is less than the tax payable as per income tax calculation i.e. Outstanding Demand – If you Agree|
|File Rectification Request u/s 154||Tax payable as per ITR filed is less than the tax payable as per income tax calculation i.e. Outstanding Demand – If you Disagree|
In case, if we do not respond within 30 days (thirty days) of the 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.
No, tax assessment order and intimation are not the same.
No, you are not required to reply if everything is as per the details submitted by you in your ITR. It means the department has accepted the return as filed without carrying out any adjustments to it.