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Separate assessment orders for different years remain valid when distinct notices and hearing opportunities prevent prejudice from combined proceeding...
The ITAT Delhi held that the merger of intimation/proceedings u/s 143(1) with regular assessment u/s 143(3) results in the intimation losing relevance once regular assessment is completed. The AO denied exemption u/s 11 due to non-filing of Form 10B, but the intimation u/s 143(1) only serves to verify information accuracy and does not carry the legitimacy of an assessment. The intimation merges with the regular assessment under u/s 143(3), making the appeal against the intimation infructuous. The eligibility for exemption u/s 11 post registration u/s 12A should be raised in the appeal against the regular assessment. The appeal was partly allowed in favor of the assessee, determining the demand raised in the 143(1) intimation as not sustainable.
The ITAT Delhi held that the merger of intimation/proceedings u/s 143(1) with regular assessment u/s 143(3) results in the intimation losing relevance once regular assessment is completed. The AO denied exemption u/s 11 due to non-filing of Form 10B, but the intimation u/s 143(1) only serves to verify information accuracy and does not carry the legitimacy of an assessment. The intimation merges with the regular assessment under u/s 143(3), making the appeal against the intimation infructuous. The eligibility for exemption u/s 11 post registration u/s 12A should be raised in the appeal against the regular assessment. The appeal was partly allowed in favor of the assessee, determining the demand raised in the 143(1) intimation as not sustainable.
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