https://www.taxtmi.com/caselaws?id=470021 Adjustment during return processing under Section 143(1) requires prior notice to the assessee under the first proviso. An intimation issued without that notice does not satisfy the statutory requirement, making the consequential adjustment unsustainable. Verification of the underlying issue falls within regular assessment proceedings under Section 143(3) and cannot be undertaken by restoring a matter arising solely from a processing intimation. The adjustment was therefore deleted. en-us Wed, 12 Mar 2025 00:00:00 +0530 Mon, 13 Jul 2026 18:58:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470021 Adjustment during return processing under Section 143(1) requires prior notice to the assessee under the first proviso. An intimation issued without that notice does not satisfy the statutory requirement, making the consequential adjustment unsustainable. Verification of the underlying issue falls within regular assessment proceedings under Section 143(3) and cannot be undertaken by restoring a matter arising solely from a processing intimation. The adjustment was therefore deleted. Case-Laws Income Tax Wed, 12 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470021