https://www.taxtmi.com/highlights?id=96453 Validity of an ICDS adjustment was challenged on the basis that the intimation under the income tax intimation procedure was issued without giving the assessee prior written or electronic notice and without considering the assessees response. The court found that the first and second provisos require notice of a proposed adjustment and consideration of any reply before making adjustments; absence of such notice and opportunity to be heard violated the principles of natural justice. Consequently the ICDS adjustment in the intimation was quashed. en-us Fri, 30 Jan 2026 09:22:24 +0530 Fri, 30 Jan 2026 09:22:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=96453 Validity of an ICDS adjustment was challenged on the basis that the intimation under the income tax intimation procedure was issued without giving the assessee prior written or electronic notice and without considering the assessees response. The court found that the first and second provisos require notice of a proposed adjustment and consideration of any reply before making adjustments; absence of such notice and opportunity to be heard violated the principles of natural justice. Consequently the ICDS adjustment in the intimation was quashed. Highlights Income Tax Fri, 30 Jan 2026 09:22:24 +0530 https://www.taxtmi.com/highlights?id=96453