https://www.taxtmi.com/caselaws?id=71905 The Tribunal held that an intimation under Section 143(1) is not an assessment order and cannot be revised under Section 263. The CIT's direction for reassessment under Section 143(1) was deemed invalid as it exceeded the AO's authority. The Tribunal recognized the binding nature of CBDT circulars supporting the assessee's stance. Consequently, the appeal by the assessee was allowed, and the CIT's order was overturned. en-us Thu, 23 Oct 2008 00:00:00 +0530 Thu, 28 Apr 2011 09:56:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71905 The Tribunal held that an intimation under Section 143(1) is not an assessment order and cannot be revised under Section 263. The CIT's direction for reassessment under Section 143(1) was deemed invalid as it exceeded the AO's authority. The Tribunal recognized the binding nature of CBDT circulars supporting the assessee's stance. Consequently, the appeal by the assessee was allowed, and the CIT's order was overturned. Case-Laws Income Tax Thu, 23 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71905