Business Today

ITR 2024: Received Income Tax Intimation Under Section 143(1)? 5 points to note before you act

Income Tax Return: An intimation under Section 143(1) of the Income Tax Act is a formal notice issued by the Income Tax Department (ITD) subsequent to the evaluation of your Income Tax Return (ITR) ...
Tax Guru

Foreign Tax Credit Demand cannot sustain without lawful service of Intimation: Bombay HC

The High Court set aside a tax demand arising from foreign tax credit mismatch because no valid intimation under Section 143(1) was produced or served. It held that recovery cannot be enforced without ...
The Financial Express

Income Tax Intimation Letter Under Section 143 (1): What is it? Password, Importance, Details Explained

Filed and verified Income Tax Return for AY 2022-2023? You may have now received an income tax intimation letter from the Tax Department. The intimation notice is sent to taxpayers after processing ...
Tax Guru

Section 80P Denial Collapses After Section 119(2)(b) Condonation – CPC Intimation Cannot Survive

S55 Keerippatty Primary Agricultural Co-op. Credit Society Ltd. Vs ITO (ITAT Chennai) The ITAT Chennai set aside the CIT(A)’s order and held that once the ...