Appeal Against 143(1) Proposed Adjustment Invalid; Assessee Allowed Fresh Appeal

Family Physicians Association Vs ADIT (ITAT Bangalore) Appeal Filed Against Proposed Adjustment U/s 143(1) Not Maintainable – ITAT Allows Assessee to File Fresh Appeal Against Actual Intimation In this case, the assessee, a charitable trust, filed return for AY 2017-18 claiming accumulation of income u/s 11(2) but failed to file Form-10. While processing the return u/s 143(1), CPC disallowed the accumulation claim and raised demand. The assessee filed an appeal before CIT(A) against a communication dated 29-10-2018 which only proposed adjustment under section 143(1). CIT(A) dismissed the...