Assessment under section 143(1) not an assessment; revised return filed after intimation remains valid for consideration. An intimation issued under section 143(1) is procedural and does not constitute a formal assessment; therefore a revised return filed after such an ... Summary
Assessment under section 143(1) not an assessment; revised return filed after intimation remains valid for consideration.
An intimation issued under section 143(1) is procedural and does not constitute a formal assessment; therefore a revised return filed after such an intimation but within the statutory period must be treated as duly filed and considered by the Assessing Officer.
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