Dealing with Income Tax Notices

Rectification Under Section 154

by Varun Advani | 3 July 2015
Filing a rectification u/s 154 It has now become standard practice for the income tax department to send a taxpayer; an intimation u/s 143(1) after the taxpayer has duly filed his income tax return for a particular assessment year. This intimation is a summary assessment issued by the income tax department containing a comparison between the income information the taxpayer has offered for tax in his/her income tax return vis-à-vis the income information available with the income tax department. Many a times, the tax liability determined by the income tax department does not match the l... [More]

Dealing with Income Tax Notices

Intimation Under Section 143(1)

by Varun Advani | 27 June 2015
Received an intimation u/s 143(1)? Wondering why you have an additional tax demand in spite of paying all your taxes? We’ll explain why   Under section 143(1), the assessing officer, if he deems fit, shall pass an order of the summary assessment he had conducted, based on the information made available in the taxpayer’s income tax return. Accordingly, the assessing officer may make the following changes to the total income of the taxpayer. In some cases the Assessing Officer can complete an assessment without passing a regular assessment order .The assessment is completed on ... [More]

Dealing with Income Tax Notices

Defective Return Under Section 139(9)

by Varun Advani | 27 June 2015
Received a notice for a defective return filed u/s 139(9)? Understand why and how you can avoid receiving such notices in the future.   Let us begin by explaining what a defective or incomplete return u/s 139(9) is. A return of income is regarded as defective in the following cases-   RETURN FORM HAS NOT BEEN DULY FILLED- All items in the income –tax return from (i.e. ITR-1 to ITR-7) must be filled in the manner indicated in the return form. If any item is not applicable to the taxpayer, he/she should write ‘‘NIL’’ to denote nil figures. No column or ro... [More]

Dealing with Income Tax Notices

How to rectify mistakes in an order or intimation sent by the Income tax department?

by Team MMR | 20 November 2012
If you are wondering how to rectify a mistake in an order or intimation sent by the Income Tax Department then this article is for you. Our experts explain which mistakes can be corrected and the procedures for the same. [More]

Dealing with Income Tax Notices