You paid all your tax dues and filed your return in time; yet you have received a notice under section 143(1) in your mailbox? Don’t worry, let’s help you understand this notice sent under section 143 ...
The Tribunal held that absence of a mandatory notice under Section 143(2) vitiates the entire reassessment. Participation by the assessee cannot cure a jurisdictional ...
The Court ruled that omission to issue Section 143(2) vitiates reassessment at the root. Such a defect cannot be cured, even if the return is alleged to be ...
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 ...
Income Tax Return: An intimation under Section 143(1) of the Income Tax Act is a formal notice issued by the Income Tax Department (ITD) subsequent to the evaluation of your Income Tax Return (ITR) ...
After an income tax return (I-T return) has been filed, the tax department sends an intimation under section 143(1) to highlight any discrepancy that might arise from a lower tax paid than what was ...
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 ...