https://www.taxtmi.com/caselaws?id=768371 A final assessment cannot validly reduce a returned loss on the basis of an intimation under section 143(1) that was never served on the assessee, particularly where notice under section 143(2) had already been issued and regular assessment proceedings had begun. On the facts stated, the unserved 143(1) adjustment was treated as ineffective, so the assessment was directed to follow the returned loss. The separate TDS grievance was not examined on merits because it did not arise from the final assessment order, leaving that ground unadjudicated. en-us Thu, 03 Apr 2025 00:00:00 +0530 Sat, 05 Apr 2025 08:23:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768371 A final assessment cannot validly reduce a returned loss on the basis of an intimation under section 143(1) that was never served on the assessee, particularly where notice under section 143(2) had already been issued and regular assessment proceedings had begun. On the facts stated, the unserved 143(1) adjustment was treated as ineffective, so the assessment was directed to follow the returned loss. The separate TDS grievance was not examined on merits because it did not arise from the final assessment order, leaving that ground unadjudicated. Case-Laws Income Tax Thu, 03 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768371