https://www.taxtmi.com/highlights?id=91683 ITAT allowed the appeal and quashed the intimation under s. 143(1) issued by the DDIT, CPC, Bengaluru. The Tribunal found the intimation invalid as the Revenue issued a query on 26/12/2023 giving the assessee 30 days to respond but passed the s. 143(1) intimation on 29/12/2023 after only two days, treating gross receipts as taxable income and disallowing claimed exemption under s. 10(23C)(iiiac). The Tribunal held this denial of the statutory 30-day response period violated principles of natural justice and constituted a jurisdictional defect, rendering the intimation vitiated in law. en-us Tue, 19 Aug 2025 18:34:44 +0530 Tue, 19 Aug 2025 18:34:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=91683 ITAT allowed the appeal and quashed the intimation under s. 143(1) issued by the DDIT, CPC, Bengaluru. The Tribunal found the intimation invalid as the Revenue issued a query on 26/12/2023 giving the assessee 30 days to respond but passed the s. 143(1) intimation on 29/12/2023 after only two days, treating gross receipts as taxable income and disallowing claimed exemption under s. 10(23C)(iiiac). The Tribunal held this denial of the statutory 30-day response period violated principles of natural justice and constituted a jurisdictional defect, rendering the intimation vitiated in law. Highlights Income Tax Tue, 19 Aug 2025 18:34:44 +0530 https://www.taxtmi.com/highlights?id=91683