https://www.taxtmi.com/caselaws?id=767334 The Court condoned the delay in filing the appeal before the CIT(A) due to Covid-19, accepting the explanation provided by the assessee. It ruled that the issuance of a notice under Section 143(2) precludes the processing of the return under Section 143(1)(a), rendering subsequent adjustments invalid. The Court emphasized that once a regular assessment is initiated, summary proceedings are unnecessary. Consequently, the adjustments made under Section 143(1)(a) were deleted, and the assessee's appeal was allowed, reinforcing the precedence of regular assessments over summary ones. en-us Wed, 12 Mar 2025 00:00:00 +0530 Sat, 15 Mar 2025 08:41:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767334 The Court condoned the delay in filing the appeal before the CIT(A) due to Covid-19, accepting the explanation provided by the assessee. It ruled that the issuance of a notice under Section 143(2) precludes the processing of the return under Section 143(1)(a), rendering subsequent adjustments invalid. The Court emphasized that once a regular assessment is initiated, summary proceedings are unnecessary. Consequently, the adjustments made under Section 143(1)(a) were deleted, and the assessee's appeal was allowed, reinforcing the precedence of regular assessments over summary ones. Case-Laws Income Tax Wed, 12 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767334