Intimation U/S 143(1)

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    SHIKHAR GUPTA New Member


    I have received an intimation under section 143(1). It shows me the comparison between the return numbers provided by me and the return numbers computed by the income tax dept. All the numbers in the 2 columns match except a difference in the NET AMOUNT PAYABLE. The difference is minimal, i.e., 2 rupees.

    Can you please opine what I should do next? Thank you
  2. ZED

    ZED Well-Known Member

    You don't need to do anything. If the amount is less than Rs. 100 then no demand notice would be issued. Although, you may pay extra amount next time.
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