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:2019-20”. 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 intimations@cpc.gov.in 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.
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This is done by the computer without any human intervention and checks for following two things:
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.
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.
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.
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View Comments
I have received a mail u/s 143(1).
As per income tax officer my net amount refundable is more than what I claimed.
Is this case do I need to respond anything to the income tax department or shall just wait for my refund to get credited?
Electronically filed returns are faster than manual filing as the tax data is transmitted directly into the computers. The income tax return e-Filing has made our life very easy. Now most of the taxpayer don’t need the service of the chartered accountant. A salaried person can easily e-file income tax return using his form 16. Government is also trying hard to 100% shift to e-Filing. In 2013-14 , 2.96 crore income tax return has been filed through the e-Filing facility. While in 2014-15 the number increased to 3.41 crore. A nice article provided on e-filing, appreciate the article.
Tax payble is showing some amount but net amount payble is zero. What i need to do?
I have got an intimation u/s 143(1)saying Tax Payable Rs.1. What should I do, can see anything under "Response under outstanding tax pay" ?
I paid the tax for assessment year 2017-18 but still i received mail from the IT dept for non payment of tax what to do i.e. intimation of U/S143(1)
Hello sir
As my refund is on its way but while filing my ITR I entered wrong account number(one number wrong). So when I checked my refund status it is Showing like wrong account details. So what should I do now please help me out
Thanking you
Below is the mail message body Text:
Please find attached the Income tax Intimation U/S 143(1) for PAN D*********B with respect to the return of income filed by you for the Assessment Year 2018-19
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 net amount Refundable is 14480 and net amount payable is 0 So what should I do now??
Do nothing just wait for refund to be credited to your account
Intimation U/S 143(1) for PAN BJSxxxxx7L AY:2018-19 I have received from CPC .my TDs is file to 12657 but refundable is 12870..and payable amount is 0. I do not under stand what can I do.
What can I do for mismatch.
There is interest on the refund making it more than your calculation
So, do we have to do some rectification or just leave it as it is? Because just like the above person, the amount I filed is lesser than the amount calculated by cpc due to interest they had calculated. I'm confused about what I'm supposed now. Pleassw guide us.
Hi
can I submit ITR of the assessment year 2017-18 with any due date fees or anything?
Sir, i have filed my ITR on 31.03.2018 of FY 2016-2017. I am Defence pensioner. In FY 2016- 2017 i have received some arrers of OROP and other arrers . For that SBI has deducted the TDS of Rs 47398 from my paid arrers and pension. But deducted TDS full amount not seeing to my PAN. Now on 03.08.2018 i have received on SMS from Income Tax Department CPC saying that " your Itr has been processed CPC and Order u/s 143(1) will be sent to you through e-mail" but nothing has been received tiil date. So please suggest & advice to this defence pensioner please.