TMI BlogAddition by way of adjustment u/s 143(1) by CPC - Procedure - Unlike the old scheme of ‘prima facie...Addition by way of adjustment u/s 143(1) by CPC - Procedure - Unlike the old scheme of ‘prima facie adjustments’ u/s 143(1)(a), the scheme of present section 143(1) does not involve a unilateral exercise. The very fact that an opportunity of the assessee being provided with an intimation of 'such adjustments' [as proposed u/s143(1)], in writing or by electronic mode, and "the response received from the assessee, if any" to be "considered before making any adjustment" makes the process of making ..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
