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of <h1>Tax authority processing of filed returns: correct errors, notify proposed adjustments, respond, issue intimation within nine months, hearings allowed</h1> Where a return is filed under the specified provisions, the tax authority shall process it by computing total income or loss after correcting arithmetical errors, apparent incorrect claims, inconsistencies with prior returns, late-filed loss set-offs, audit-indicated disallowances, and late claim disallowances; then compute tax, interest and fees, adjust for taxes paid and reliefs, issue an intimation and grant any refund. Proposed adjustments require prior written/electronic communication and consideration of the assessee's response; intimations must be issued within nine months and notices for evidence within three months. The officer may assess after hearing; special procedural safeguards apply to listed entities, registered non-profits and certain educational institutions, and centralised processing may be established.
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