Income tax intimation section 143: Learn what an Income Tax Intimation under

Learn what an Income Tax Intimation under Section 143 (1) is, why it's issued, and how to handle refunds, demands, or mismatches with ease and clarity. Section 143 (1) of the Income Tax Act, 1961, is essentially a computer generated automated message which lets the taxpayer know of any error that exists in his/her tax filing. It also tells the taxpayer if he/she has any interest that is payable. What to Do After Receiving Section 143 (1) Intimation It is crucial to review your Section 143 (1) intimation carefully, regardless of the outcome: Thorough Review: Compare every figure in the intimation (total income, gross total income, deductions, tax payable, TDS, refund /demand) with your original ITR and your tax computation workings. What is Section 143 (1) Intimation Under Income Tax Act? The intimation received under Section 143 (1) is essentially a summary report generated after the Income Tax Department’s Centralized Processing Centre (CPC) performs a preliminary, automated check of your filed Income Tax Return.