Easy Guide to Check Income Tax Intimation U/S 143(1)

The ITR filing procedure does not finish at the stage of verification. When the person has validated his own tax returns the income tax department then initiates the process of the tax return. Post to the process of income tax return the income tax department sends the intimation notice.

Under section 143(1) of the Income-tax Act, 1961 the intimation notice shall be sent. On the enrolled email ID of the income tax return filer, the notice will be sent. Then the SMS shall be sent to the filers’ enrolled mobile number where it informs that the person has been given an intimation notice on his email ID which is registered in the income tax department.

“Tax expert The government has revised the time limit for issuing of intimation notice by three months effective from April 1, 2021. The intimation notice must be issued within 9 months from the end of the financial year in which the tax return is furnished. This would mean that for ITR filed for FY 2023-24, the last date of issuing intimation notice is December 31, 2025.”

The person needs to read the notice sent by the income tax department. This information tells you that if the calculation of the income tax provided by you in your income tax return is similar to the details that the tax department holds.

While processing the ITR the tax council verify the arithmetical mistakes internal inconsistencies, tax, and interest calculation checks tax payment filed, etc. When the ITR is processed the tax council sends the intimation beneath section 143(1). But you must note that during the time of operation of ITR the tax department makes a prima facie check. They can still give you a notice regarding income tax in the coming time beneath the distinct section urging for more details.

Read Also: How to Reply Income Tax Compliance Notices?

What is to be Validated in Intimation Section 143(1) Notice?

The intimation notice shall state the mentioned one of the things:

• A) Tax calculations, income components, deductions filed for a claim to match with tax dept assessments/calculations: the case specified that in the notice there is be no extra tax payable through you. Indeed the tax payable, as well as refundable, will display as zero.
• B) Additional tax demand notice: there might be circumstances in which you forgot to report the specific income in your tax return or might have claimed the deduction or calculated your tax wrongly because of which you are liable to pay more tax. Towards these conditions, the tax council sends you their assessment and shall urge you to file more amount.
• C) Income tax refund: In these cases under the assessment of the income tax departments, you have to file more taxes concerning the original tax amount. In these cases, the income tax refund will be displayed as due.

Method to Understand the Intimation Notice

An intimation notice is a password-protected file. To open the notice obtained from you, the password is your PAN in lowercase and your date of birth. “For instance, if your PAN number is AAAAA0000A and the date of birth is 01-April-1990, then the password to open the document shall be posed as aaaaa000a01041990.”

When you open a file that is protected from a password then you must verify in the intimation notice whether your personal information like name, address, PAN, etc is true or not.

After verifying this information the subsequent step is to read and match the income tax computation provided through you in your income tax return with the calculation done by the council. The intimation notice displays the comparison in the table format of the income written through you in the income tax return beneath every authority in one column along with the income beneath the authority as per the calculation done through the income tax department in the other column. To make the comparison easier both the columns shall be shown viz a viz.

The intimation notice including the income data indeed displays the information of the tax-saving deductions which can be claimed through you in your income tax return. In case the income and the tax-saving information in both columns get similar then the total income post to the deductions i.e. the net income liable for the tax shall also be similar.

The intimation notice shall mention your tax details, that is the tax liability on the net taxable income, tax relief (if any), interest beneath sections 234A, 234B, 234C, late filing fees beneath section 234F along with the total income tax liability.

Towards the concern, if there is a mismatch in the income beneath the specific authority or you have incorrectly availed the deduction amount or there is any arithmetic error then in these cases there shall be the difference in the taxed income calculated through the tax council and the ITR that you had furnished. The taxed income calculated through the council can be high or low which results in the additional tax needed to pay through you or a refund will be given to you.

Also in the intimation notice, the due return will be shown if it is. But one must note that the tax council shall not send the SMS for it. Thus one should not rely on the SMS or email that the income tax refund is not paid to you and for the same you need to furnish your bank information to obtain it, it is the bogus aspect in which many assessees get trapped.

The income tax refund due would demand the IT department to credit the refund to the nominee account voluntarily. Your income tax refund shall be processed without taking permission from any bank account and this shall be notified to you through the council.

What If No Notice Section 143 Shall be Obtained to You in the Said Time?

In this situation, your return shall not be processed further through the tax council or is obtained but the intimation notice will not be obtained through you, towards this case you can file the complaint in the income tax portal.