What does Intimation U/S 143(1) of Income Tax Act mean?

What does Intimation u/s 143(1) mean?

What does Intimation u/s 143(1) mean?

One of my friends called me in a worrying voice telling me he had received an email from Income tax department with subject “Intimation U/S 143(1) for PAN ABCxxxxx4A AY:2016-17”. As with most of us, any communication from taxmen makes us worried and it was not much different for my friend.

Are you in the same boat and have you also received similar email from [email protected] with similar subject? And are you worried about what it means for you?

Well worry not! Intimation U/S 143(1) is sent by Income Tax department in response to the Tax returned filed by you. As the subject suggests “Intimation” – the communication intimates the tax payer about, any tax and interest payable or if you are eligible for refunds.

Also Read: How to Respond to Notice u/s 143(1)(a) for A.Y. 2017-18?

This is done by the computer without any human intervention and checks for following two things:

  1. Any mathematical error or
  2. any incorrect tax claim

What you need to do is open the attached zip file. The zip file contains a PDF file which is password protected. To open this PDF following is your password.

The password is your PAN Number in lower case followed by your date of birth in DDMMYYYY format. So if your PAN Card Number is ABCDE1234A and date of birth is January 1, 1985, then your password would be abcde1234a01011985. The date of birth should be one which is mentioned on your PAN Card.

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Just scroll down and at the end of all calculations you would see two headings.

  1. Net Amount Refundable
  2. Net Amount Payable
Intimation under sec.143(1) of Income Tax Act,1961

Intimation under sec.143(1) of Income Tax Act,1961

In case there is ‘0’ in front of both as in the picture above, it means that your tax return filing was perfect – you neither need to pay any more tax for the year nor you would get any tax refunds.

Also Read: 9 key changes in ITR Forms for AY 2017-18

In case some amount is mentioned for “Net Amount Refundable” then its good news and you would soon get that amount in your bank account. And if “Net Amount Payable” has some amount mentioned, then you need to pay that much tax to Income tax department.

In case you think there is some error in the calculation sheet, you should consult a qualified CA or good tax expert for further action.

200 thoughts on “What does Intimation U/S 143(1) of Income Tax Act mean?

  1. Uma Shanker Prasad says:

    Its been more than around 1 year ,
    The Resolution of my grievance is pending from Income tax department.

    Instead of writing my PAN No. my employer wrote someone else PAN No. for the correction of PAN No. i wrote application to Income tax department and I was given assurance by them that the problem will be resolved soon but till date status is same and 2 week back I got letter from [email protected] they are asking me again to pay the tax of the previous FY with interest. I tried to reply but i am getting Faliure Delivery.

    Please suggest me how to proceed further.
    Uma Shanker Prasad
    PAN No. – XXXXXXXXX
    Challan No. 00003 Dated 13-04-2017 for Rs. 13850

  2. Hi,

    I got the mail saying ₹ 32881 as “amount paid/credited to you as per Form 26 AS” in ITR-1

    Actually that amount I got as interest for FDs from bank.

    What should I do?

    Please clarify me. I try to do the process through eproceding. But not clear that how to upload the XML in India e-filing site.

    Do I have to pay the amount?

    Regards
    Srinivas N

  3. Received intimation 143 U/S (1) – stating Amount Refundable (extra 10 rs). Do I need to do any action like rectification request etc.

  4. Hi

    I have submitted my revised IT return with e-paying the remaining tax.

    What to do next. How to pay the remaining tax as the revised return is already verified.

  5. Hi, I have received the same Notice 143(1) with tax payable as 4010 but during filing my returns, it was calculated as 4050 and I have already paid the same amount just after submitting my return through e-pay.

    Should I react for this intimation in any form or does it mean my e paid tax is not considered and they are asking me to pay 4010 again?

    How to respond to this Intimation, Please help..

    • You should ideally file returns after you have paid all your taxes. You can reply to the notice saying that tax due has already been paid.

  6. Hello….I got a mail form IT Department. Below is the mail message body Text:
    Please find attached the Income tax Intimation U/S 143(1) for PAN AxxxxxxxxG with respect to the return of income filed by you for the Assessment Year 2017-18.
    As per the above mentioned Details, I have checked the Net Amount Refundable & Net Amount Payable in attached PDF File and it is mentioned as 0 in both places, So do I have to worry about the intimation or not.

  7. Rahul Agarwal says:

    Hi, I got this mail 6 days back but still haven’t received the refund. Upto how much time can it take? TIA.

  8. My salary is 12lkhs per yr including all incentives and I’ve 2 LIC policies for 60K and rental receipts of 96000. I would like to know what would the taxable income? What can be my total deduction for IT? How much i can expect in returm from ITR?

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