Processing of returns in Form ITR-1 under section 143(1) of the Income-tax Act, 1961 - applicability of section 143(1)(a)(vi)
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....w Delhi, the 11th of October, 2017 Order under section 119 of the Income-tax Act, 1961 Subject: Processing of returns in Form ITR-1 under section 143(1) of the Income-tax Act, 1961 - applicability of section 143(1)(a)(vi) - reg.- Clause (vi) of sub-section (a) of section 143(1) of the Income-tax Act, 1961 ('Act') as introduced vide Finance Act, 2016, w.e.f. 01.....
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....r head/item of income is only on net basis and thus, complete data/information may not be available therein which may enable comparison with the data/information as contained in the three Forms in a meaningful manner. Therefore, in exercise of its powers under section 119 of the Act, the Board hereby directs that provision of section 143(1)(a)(vi) of the Act woul....
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