https://www.taxtmi.com/caselaws?id=776115 The ITAT Ahmedabad held that an adjustment under section 143(1)(a) denying exemption u/s 10(10AA)(ii) without prior issuance of intimation or notice violates the statutory requirement and principles of natural justice. The first proviso to section 143(1)(a) mandates issuance of intimation and consideration of the assessee's response before making any adjustment. The absence of such intimation renders the adjustment procedurally defective and legally unsustainable. Accordingly, the adjustment was set aside, and the appeal filed by the assessee was allowed. en-us Fri, 01 Aug 2025 00:00:00 +0530 Tue, 05 Aug 2025 07:54:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776115 The ITAT Ahmedabad held that an adjustment under section 143(1)(a) denying exemption u/s 10(10AA)(ii) without prior issuance of intimation or notice violates the statutory requirement and principles of natural justice. The first proviso to section 143(1)(a) mandates issuance of intimation and consideration of the assessee's response before making any adjustment. The absence of such intimation renders the adjustment procedurally defective and legally unsustainable. Accordingly, the adjustment was set aside, and the appeal filed by the assessee was allowed. Case-Laws Income Tax Fri, 01 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776115