https://www.taxtmi.com/caselaws?id=254419 The High Court upheld the Tribunal's decision in an appeal concerning the assessment under Section 143(1)(a) of the Income Tax Act, 1961. The Court emphasized that when there is a debatable issue like a substantial deduction claimed by the assessee, the procedure under Section 143(2) and (3) should be followed. In this case, since the assessing officer rejected the contention regarding the customs duty refund deduction, there was no basis for invoking Section 143(1)(a). The appeal was dismissed, affirming the Tribunal's decision in favor of the respondent. en-us Wed, 12 Nov 2014 00:00:00 +0530 Fri, 08 May 2015 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254419 The High Court upheld the Tribunal's decision in an appeal concerning the assessment under Section 143(1)(a) of the Income Tax Act, 1961. The Court emphasized that when there is a debatable issue like a substantial deduction claimed by the assessee, the procedure under Section 143(2) and (3) should be followed. In this case, since the assessing officer rejected the contention regarding the customs duty refund deduction, there was no basis for invoking Section 143(1)(a). The appeal was dismissed, affirming the Tribunal's decision in favor of the respondent. Case-Laws Income Tax Wed, 12 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254419