https://www.taxtmi.com/acts?id=48714 Clause 270 prescribes processing of returns by making specified prima facie adjustments apparent from the return-arithmetical errors, incorrect claims evident from the return, late filed loss or deduction disallowances, and audit indicated additions-then computing tax, interest and fee, determining payable or refundable sums after accounting for withholding and other payments, sending intimation of the determination, and granting refunds; prior written or electronic notice and a response period must be provided before adjustments, and certain time limits and special safeguards for specified entities apply. en-us Fri, 14 Feb 2025 10:54:39 +0530 Thu, 20 Feb 2025 13:17:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48714 Clause 270 prescribes processing of returns by making specified prima facie adjustments apparent from the return-arithmetical errors, incorrect claims evident from the return, late filed loss or deduction disallowances, and audit indicated additions-then computing tax, interest and fee, determining payable or refundable sums after accounting for withholding and other payments, sending intimation of the determination, and granting refunds; prior written or electronic notice and a response period must be provided before adjustments, and certain time limits and special safeguards for specified entities apply. Act-Rules Bills Fri, 14 Feb 2025 10:54:39 +0530 https://www.taxtmi.com/acts?id=48714