https://www.taxtmi.com/caselaws?id=777239 ITAT held that questions of law on validity of an intimation under s.143(1)(a) may be considered even if raised first before the Tribunal, rejecting the revenue's objections. The matter is remanded to CIT(A) to verify from assessment records whether the intimation complied with the first proviso to s.143(1)(a); if not communicated, CIT(A) shall decide afresh. CIT(A) must also examine factual records (including ITR and documents) to determine whether the current-year long-term capital loss can be carried forward and grant relief if warranted. Grounds allowed for statistical purposes. en-us Fri, 18 Jul 2025 00:00:00 +0530 Wed, 27 Aug 2025 08:41:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777239 ITAT held that questions of law on validity of an intimation under s.143(1)(a) may be considered even if raised first before the Tribunal, rejecting the revenue's objections. The matter is remanded to CIT(A) to verify from assessment records whether the intimation complied with the first proviso to s.143(1)(a); if not communicated, CIT(A) shall decide afresh. CIT(A) must also examine factual records (including ITR and documents) to determine whether the current-year long-term capital loss can be carried forward and grant relief if warranted. Grounds allowed for statistical purposes. Case-Laws Income Tax Fri, 18 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777239