Income tax intimation section 143: What is Section 143

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. Understand what Intimation under Section 143 of the Income Tax Act means, how it’s processed, reasons for discrepancies, refund status, and steps to respond online via the Income Tax Portal. Disclaimer: The above FAQs are for information purposes only, to enable public to have a quick and an easy access to information, and do not purport to be legal documents. Income Tax Department does not warrant the accuracy or completeness of the information, text, graphics, links or other items contained in this website. Income Tax Department may make changes to the contents, or to the information described therein, at any time without any notice. In case of any variance between what has ... An intimation under Section 143 (1) of the Income Tax Act is a communication sent by the Income Tax Department (ITD) after processing your Income Tax Return (ITR) filing. It essentially acts as a summary of the ITD’s assessment of your tax liability. This intimation details the income you declared, compares it with information received from third parties, and presents the calculated tax amount. It also highlights any discrepancies, specifies any tax demand or refund you’re entitled to ...