The case centered on an adjustment made under Section 143(1) of the Income Tax Act, 1961, for the assessment year 2018-19. The CIT(A) had confirmed the adjustment made by the Assessing Officer (AO) ...

Once the Income Tax Department has processed a taxpayer's income tax return, it will communicate with them or notify them of an Intimation under Section 143 (1). It indicates if a taxpayer's filed ...

Summary: Effective from September 1, 2024, the Budget 2025 amendments introduce block assessment procedures for search cases under Sections 158B to 158BI of the Act. A block period now includes six ...