Appeal Dismissed as Section 143(1) Intimation Merged With Subsequent Scrutiny Assessment

SRBC & Co. LLP Vs DCIT (ITAT Kolkata) The appeal before the Income Tax Appellate Tribunal (ITAT), Kolkata, arose from an order of the CIT(A), National Faceless Appeal Centre (NFAC), Delhi, dated 1 December 2021, which originated from an intimation issued by the Deputy Commissioner of Income Tax, CPC Bengaluru, under Section 143(1) of the Income-tax Act for Assessment Year 2017-18. The assessee challenged various adjustments made while processing the return, including taxation of dividend income under Section 115BBDA, alleged double taxation of income, short grant of TDS credit, and levy of...