https://www.taxtmi.com/caselaws?id=436729 The Tribunal allowed the appeal of the assessee, ruling that the adjustments made by the Centralized Processing Center under Section 143(1) of the Income Tax Act, 1961 were illegal and beyond the permissible scope of the section. The Tribunal emphasized that retrospective amendments cannot be used to make additions through adjustments and intimation under Section 143(1). Additionally, the disallowance of employee contributions to PF/ESI was also deemed unjustified and beyond the permissible adjustments, leading to the quashing of the adjustment made by the CPC. The appeal was partly allowed, with the Tribunal refraining from deciding on the merits of the disallowance issue. en-us Mon, 20 Feb 2023 00:00:00 +0530 Mon, 18 Sep 2023 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436729 The Tribunal allowed the appeal of the assessee, ruling that the adjustments made by the Centralized Processing Center under Section 143(1) of the Income Tax Act, 1961 were illegal and beyond the permissible scope of the section. The Tribunal emphasized that retrospective amendments cannot be used to make additions through adjustments and intimation under Section 143(1). Additionally, the disallowance of employee contributions to PF/ESI was also deemed unjustified and beyond the permissible adjustments, leading to the quashing of the adjustment made by the CPC. The appeal was partly allowed, with the Tribunal refraining from deciding on the merits of the disallowance issue. Case-Laws Income Tax Mon, 20 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436729