The Tribunal held that once a regular assessment under section 143(3) is completed, earlier CPC adjustments under section 143(1) merge with it and lose independent ...

The Tribunal held that a bad debt claim involving factual and legal analysis cannot be disallowed during section 143(1) processing. Such issues must be examined through regular assessment proceedings, ...

After you file your Income Tax Return (ITR), the Income Tax Department runs a preliminary check to verify your submission. Based on this review, it sends you an automated notice under Section 143(1) ...

There are different stages of income tax return filing. Once you file your income tax return, the next step is to verify it. Upon processing of your filed and verified income tax return (ITR) by the ...

Union Finance Minister Nirmala Sitharaman has proposed a revision to Section 143(1) of the Income Tax Act, 1961, with the Income Tax Department also releasing FAQs regarding this change. The Finance ...

The thought of getting a Section 143 (1) income tax notice for wrong information provided in the income tax return (ITR) may make you worried. While it is a document that shows that the Income Tax ...

Once you receive the intimation, it is ideal to review basic details such as name, PAN, assessment year, e-filing acknowledgement number to ensure that it is a valid intimation pertaining to your tax ...

As per latest amendments and provisions of the Income Tax Act, 1961 with the Assessment Year 2018-19, there are various new provisions related to income tax proceedings and assessment procedure being ...