Intimation to the Assessing Officer under section 407(8) regarding the notice of demand under section 289 of the Act for payment of advance tax under section 407(2)/407(5) of the Act

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....Act for payment of advance tax and the order under section 407(2) or 407(5) 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. 151, is high because of the following reasons : (i) There is an arithmetical error in the computation shown in Form No. 151, (ii) In respect of the income assessed for tax year___________, there was a mistake apparent from record within the meaning of section 287 of the Act for which the application has been filed on / is being filed. (iii) There has been loss or no income under the head 'Capital gains' in the ....

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....f sub-items (1) to (5) _________________________ Less : (i) carried forward losses, etc., eligible for set off _________________________ (ii) deductions admissible under Chapter VIII. _________________________ 1. Income subject to advance tax [Aggregate of sub-items (1) to (5) less {(i) and (ii)}. ___________________ 2. Estimated net agricultural income. ____________________ 3. Gross income-tax chargeable on income subject to advance tax. ____________________ 4. (a) 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 pa....