Got Income Tax Notice Under Section 143(1). What to do?

Many people are receiving Income Tax Notice under section 143(1). They are asking why they have received such notice and how to deal with this notice and also if they have made any mistake in filing ITR because of which they are getting this notice.

So, in this article, we will discuss why you are receiving such notice or if you face any problem because of this notice and how to deal with this notice.

You may get a message on your mobile number and an email of Section 143 from the Income Tax Department. This message may look like this:

ITR for PAN: AUNxxxxx0B, AY 2019-2020 and Ack No. 55052745002025 has been processed at CPC. Order u/s 143(1) will be sent by email.

First thing you clear that any person, who files the ITR, will receive the notice or intimation of Section 143 through a message and an email on the mobile number or email id registered at Income tax web portal. So, you should always provide your mobile number and email id on the income tax portal. Now you get clear that this notice has not only come to you but to all people who are filing ITR.

The next question is why you are getting this notice and in this notice, what you have to check to avoid any problem in the future.

Since everyone is getting this intimation so, whether you face any problem because of this intimation will depend upon the content of the intimation. So, you should read the Intimation of 143(1) thoroughly and understand it.

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Firstly let’s know what is Income Tax Notice of Section 143(1):

When you file an ITR, you file a statement in which you specify all your source of income, deduction, taxable income upon which tax can be charged from you. In this way, you file a statement in the form of ITR. After this, IT Department cross-check all your data of income or deductions available to it with the data provided by you in ITR. If everything is fine then this notice contains the Confirmation Message that you have given this information to us and we accept it as it is. But in some cases, people do under-reporting of their income i.e. they show there income less and deductions high and they don’t have proof of this, in such cases, if this data doesn’t match with the data of IT Department, then IT Department will issue a Demand Notice.

Now Let’s understand this in detail:

Suppose you have filed an ITR, then you will receive a message from IT Department, in which it is written than your ITR has been processed and its order under section 143(1) is sent in your email. You will receive a mail name “Intimation” in your Inbox having title e.g., “Intimation U/S Section 143(1) for PAN “AUNxxxxxx0B AY 2019-2020”.

In this mail, you will receive 143(1) as an attachment and you can open this attachment with a password which is the combination of your PAN number and Date of Birth with no space.

After opening the attachment, you will see your name and other details.

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Below this, there will be two columns, First is “As Provided by Taxpayer in Return of Income ” which contain the data that you have provided in ITR and the second is “As Computed under Section 143(1)” which contain the data that IT Department accepted according to data available to them. If you are seeing all the data you have provided in ITR as it is in the second column, then it means the IT department accepts all the data and there is no problem and it has processed your data.

Suppose, you have filed your Income ₹8Lakhs in your ITR, The first column will contain the value i.e., 8lakhs and if the second column also has the same value i.e., ₹8Lakhs, this means IT Department has accepted your data.

Similarly, you can check if the data provided for other particulars like Deduction, Interest Payable on Home loan, Gross Total Income, deduction in 80C, Health Insurance Premium, Total Deduction, Total Income, Tax payable, TDS, Refund claim, etc in ITR is accepted by IT Department or not.

Note that IT Department also provides some interest on refund claimed e.g., If you have Advance TDS of ₹36000, and IT Department provides you some interest suppose ₹1100, then Net Refundable Amount will be ₹37100. Also, you can check the status of your Refund from the website  www.tin-nsdl.com .

But in case you observe that the data you have provided is not exact, i.e., you have shown your income less in ITR and IT Department is showing more income or it doesn’t accept your home loan deduction claims or Deduction claimed in 80C by is less accepted by them, then there will be more taxable income and there will be more tax and in this case you will see an amount in Tax payable or Net Amount Payable. If you are seeing any amount in Net Amount Payable then you have to analyze that if you have done any mistake or IT Department has wrong data or made wrong calculations. If you are 100% sure that the data given by you is correct and IT Department has wrong information then you have to file a Rectification Return by log on to http://incometaxeFiling.gov.in with your User ID and Password and choose Rectification under My Account Section.

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If there is a mistake on your side then you should submit the amount showing at Net Amount Payable within 30 days to avoid further penalties either online or physically with any authorized bank demand using the enclosed Challan.

I hope now you get clear that if your ITR filing data and section 143(1) accepted data is same i.e., it accepted data as you specified then you need not do anything, but if data accepted is different, and net Amount Payable is shown , then you have to see if you have made the mistake or IT department. If there is a mistake on your side then you should submit the amount showing at Net Amount Payable within 30 days to avoid further penalties and if you sure that there is no mistake in your side, data of the IT Department is wrong then you should file Rectification of 154.

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