CPC Cannot Pass Section 143(1) Intimation After Section 143(2) Notice: ITAT Kolkata

Gokhale Memorial Girls School Vs ITO (ITAT Kolkata) The Income Tax Appellate Tribunal (ITAT), Kolkata, allowed the assessee’s appeal by holding that an intimation under Section 143(1) of the Income-tax Act could not be issued after the case had already been selected for scrutiny through a notice under Section 143(2). The assessee filed its return of income for Assessment Year 2024-25 on 16.10.2024 declaring nil income. The return was selected for scrutiny to examine the issue relating to the constitution of the trust, and a notice under Section 143(2) was issued on 26.04.2025. Thereafter...