https://www.taxtmi.com/acts?id=47334 Insertion of sub section (1B) to section 143 makes sub sections (1) and (1A) applicable to revised returns filed under section 139(5) after an intimation or refund; prior intimations and refunds must be amended on the basis of the revised return, increases in amounts paid result in an amended intimation deeming a notice of demand under section 156, reductions lead to refunds, and reduced refunds are treated as tax payable with a deemed notice of demand. A proviso imposes liability for additional income tax where an assessee files a revised return after service of the intimation in relation to specified adjustments. en-us Sat, 11 Jan 2025 11:17:46 +0530 Sat, 11 Jan 2025 11:17:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=47334 Insertion of sub section (1B) to section 143 makes sub sections (1) and (1A) applicable to revised returns filed under section 139(5) after an intimation or refund; prior intimations and refunds must be amended on the basis of the revised return, increases in amounts paid result in an amended intimation deeming a notice of demand under section 156, reductions lead to refunds, and reduced refunds are treated as tax payable with a deemed notice of demand. A proviso imposes liability for additional income tax where an assessee files a revised return after service of the intimation in relation to specified adjustments. Act-Rules F. Acts / Amendment Acts Sat, 11 Jan 2025 11:17:46 +0530 https://www.taxtmi.com/acts?id=47334