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After the applicant has finished filing his /her return , she(assumed )sends across the acknowledgement to the CPC office at Bangalore who issues her a receipt , but also at the same point of time sends her return to her assessing officer for assessment , The assessing officer then assesses the applicant's income as per section 143(1)computations and put's it under a table neatly to the right of the applicant declared figures ..... The calculations are exactly for the same fields ,i.e gross total income for the applicant, tax liability , taxes paid as per ITR 1 filed by the applicant , In case , applicant feels that something needs to be rectified , he/she can file a rectification , We see all this with a practical example to make the concept sink in,
Hopefully this will help quash all fears of intimation under section 143 (1) which is nothing but a intimation by the assessing officer to the applicant that he has finished assessing the applicant return and so presents his own calculation's for applicant tax liability ,
Humble regards ,
Amlan Dutta Please Check my facebook page www.facebook.com/filingreturnsonline where i keep on adding more stuff and where you would find all the stuff that i have created till date .
