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of ITAT allowed the appeal and quashed the intimation under s. 143(1) issued by the DDIT, CPC, Bengaluru. The Tribunal found the intimation invalid as the Revenue issued a query on 26/12/2023 giving the assessee 30 days to respond but passed the s. 143(1) intimation on 29/12/2023 after only two days, treating gross receipts as taxable income and disallowing claimed exemption under s. 10(23C)(iiiac). The Tribunal held this denial of the statutory 30-day response period violated principles of natural justice and constituted a jurisdictional defect, rendering the intimation vitiated in law.
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