Answer

1. F

   Facts

   Agree means you accept the change and CPC will tax the extra amount. Disagree means you give a reason and CPC must consider it, but it can still adjust if it is not satisfied. The decision should follow the facts, not the size of the demand.

2. P

   Provisions and law

   • Sec 143(1)(a) (now Sec 270(2))CPC can adjust the return for listed reasons, but must first tell you and consider a reply given within 30 days
   • Sec 143(1) (now Sec 270(1))The return is processed and an intimation shows the tax, interest, refund or demand worked out
   • Sec 246A (now Sec 357)An appeal lies to the Commissioner (Appeals) against assessment orders and adjustments in an intimation
3. A

   Analysis

   Agree when AIS or Form 26AS is right and the income was missed. Disagree when the income was already reported, belongs to someone else, is exempt or is wrongly computed, and give a precise reason. After a Disagree, CPC may accept it or still make the adjustment in the Sec 143(1) intimation, which you can then take to appeal before the Commissioner (Appeals). Each variance is answered separately, so you can agree to one and disagree with another.

4. C

   Conclusion

   1. 1List each variance and mark it right or wrong with proof.
   2. 2Agree for genuine misses, Disagree with reasons for the rest.
   3. 3Submit before the due date.
   4. 4Track the intimation and act on any adjustment you still dispute.

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.