Form No. 28A for Report on Intimation to the Assessing Officer regarding the notice of demand. Form No. 28A is given by assessing officer in form No . 28A in respect of payment of advance tax under section 210(3) of the act.
When any tax, interest, penalty, fine or any other sum is payable in consequence of any order passed under this Act, the Assessing Officer shall serve upon the assessee a notice of demand in the prescribed form specifying the sum so payable :
Provided that where any sum is determined to be payable by the assessee or by the deductor under sub-section (1) of section 143 or sub-section (1) of section 200A, the intimation under those sub-sections shall be deemed to be a notice of demand for the purposes of this section.
FORM NO. 28A
[See rule 39]
Intimation to the Assessing Officer under section 210(5) regarding the notice of demand under section 156 of the Income-tax Act, 1961 for payment of advance tax under section 210(3)/210(4) of the Act
|The Assessing Officer,|
Re.: Notice of demand under section 156 of the I.T. Act, 1961 for payment of income-tax under section 210(3)/210(4) of the Act in the case of
For assessment year
The notice of demand under section 156 of the Income-tax Act for payment of advance tax and the order under section 210(3)/210(4) of the Act, dated
has been served on me on
(date of service of notice)
2. I do hereby intimate that the estimate of income and the advance tax payable made by you and contained in the enclosure to Form No. 28, is high because of the following reasons:
(i) There is an arithmetical error in the computation shown in Form No. 28.
(ii) In respect of the income assessed for assessment year
, there was a mistake apparent from record within the meaning of section 154 of the Income-tax Act, 1961 for which the application has been filed on
/ is being filed.
(iii) There has been loss/no income under the head ‘Capital gains’ in the current year.
(iv) There has been no income of the nature referred to in section 2(24)(ix) in the current year.
(v) Any other reasons (specifying the reasons).
3. The estimate of income for the previous year relevant to the assessment year
taking into account the reasons mentioned in para 2 above is as follows :
Estimated ‘income subject to advance tax’ :
(1) Income from ‘salaries’:
(2) Income from capital gains :
(3) Income from house property :
(4) Profits and gains of business or profession :
(a) Profits and gains from business and profession carried on by me/us.
|(b) Share from firm(s) :|
Name of the firm
Whether firm has been registered in the last completed assessment
Share of income
|(c) Income from an association of persons or body of individuals.|
Total : (a) + (b) + (c)
(5) Income from other sources
(iii) Other incomes [including income referred to in section 2(24)(ix)]
Aggregate of sub-items (1) to (5)
1. (i) carried forward losses, etc., eligible for set off
(ii) deductions admissible under Chapter VI-A.
Income subject to advance tax :
2. Estimated net agricultural income
3. Gross income-tax chargeable on income subject to advance tax.
4. Sums included in income subject to advance tax in respect of which no tax is payable on which a rebate of tax is admissible-
(i) Share of income from an unregistered firm on which the tax will be paid by the firm.
(ii) Share from an association of persons or body of individuals on which tax will be paid by the association or body.
(iii) Interest on income-tax free securities
(iv) Other items
Total amount on which tax is not payable and the proportionate tax on such amount.
5. Excess of 3 over 4.
6. Deduct : Amount of tax deductible under sections 192 to 195 on any income (as computed before allowing any deduction admissible under the Act) and which has been taken into account in computing the income subject to advance tax.
7. Net amount of income-tax.
8. Less : Amount on account of estimated double income-tax relief, if any
9. Net amount payable.
10. Less :
(i) tax already paid in the financial year under section 210.
11. Balance payable
Signature of the person making the estimate