Have you got your Income Tax filing e-receipt ? After a successful assessment of tax returns, income tax department issues Intimation u/s 143(1). Normally these intimations will be received through email to the Email address provided when filing income tax returns online. If “NET AMOUNT REFUNDABLE /NET AMOUNT DEMAND” is less than Rs 100, you can treat this Intimation u/s 143(1) as completion of income tax returns assessment under Income Tax Act. It can be useful for the proof of Income/ Completion of income tax returns assessment. In case of demand , we need to pay the entire Demand within 30 days of receipt of this intimation.The payment can be made using the printed challan enclosed in the mail or you can go for online tax payment. The Tax Payment challan is enclosed if the Tax Payable exceeds Rs. 100. If you go for online tax payment, follow the instructions listed @ http://tips4ufromsony.blogspot.com/2011/03/online-income-tax-payment-using.html a...
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ReplyDeletesure Deepan, will keep you update with the new posts...
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Thank you...
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