Intimation Notice received u/s 143(1) AY 24-25 | ITR Notice received 143(1) | what to do?

Intimation Notice received u/s 143(1) AY 24-25 | ITR Notice received 143(1) | what to do? All the income tax returns filed by the taxpayers are first processed online at the Centralised Processing Centre (CPC). After processing the return, the income tax department then issues intimation under section 143(1) to the taxpayers informing them about the results. An income tax return can be either filed voluntarily under Section 139 or on demand by the income tax department under Section 142(1). It is necessary to understand what happens after the taxpayer has filed the return of income. The process of examining the return filed by the taxpayer by the income tax department is termed assessment. The IT department carries out a preliminary assessment of all the returns filed and informs taxpayers of the result of such preliminary assessment. This assessment primarily includes arithmetical errors, internal inconsistencies, tax calculation and verification of tax payment. The preliminary evaluation process is fully computerised (automated), and is delegated to the Central Processing unit. #itrintimationletter #sec143(1) #itrprocessing #itrprocessingtime #itr #tds #taxdemandnotice #itrprocesswithrefund #themauryaaftclasses ......................................................... LIKE || SHARE || COMMENT || SUBSCRIBE Mujhe Social Media par FOLLOW kare Facebook   / mauryaclasses2   WhatsApp only : 9129895855 E-mail 📩 👉👉 :- [email protected] Instagram   / rinkumourya23   ............................................................. The examples used are for Illustration purpose only. Comment in comments section if you have any queries. ............................................................ Desclaimer This video is merely a guide meant for learning purpose only. All the instructions, references, content or documents are for educational purpose only and do not constitute a legal advice. We do not accept any liabilities whatsoever for any losses caused directly or indirectly by the use/reliance of any information contained in this video or for any conclusion of the information. Prior to acting upon this video, you're suggested to seek the advice of your financial, legal, tax or professional advisor as to the risks involved may be obtained and necessary due diligence, etc..may be done at end. Copyright Disclaimer under Section 107 of the copyright act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favour of fair use.