CPC Cannot Adjust Deemed Income Exemption u/s 11(3) in Tax Returns Processed u/s 143(1.

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....Exemption u/s 11 - Deemed income - Permissible Adjustment to be made by the CPC u/s 143(1) - The benefit of deduction of the deemed income specified u/s 11(3) is available to the assessee and therefore such adjustment cannot be made in the return of income under the provisions of section 143(1) of the Act. - AT....