Income Tax Section 143(1) Adjustments Without Opportunity of Hearing Unsustainable

DCIT Vs Adidas India Marketing P. Ltd. (ITAT Delhi) The appeal before the Income Tax Appellate Tribunal (ITAT), Delhi, arose from the order of the Commissioner of Income Tax (Appeals) [CIT(A)] dated 09.01.2023 for Assessment Year 2020–21. The Revenue challenged the deletion of adjustments made by the Centralized Processing Centre (CPC), Bengaluru, while processing the return under Section 143(1) of the Income Tax Act. The CPC had processed the assessee’s return filed on 14.02.2021, declaring an income of Rs. 271.84 crore, and determined the total income at Rs. 282.53 crore after making thr...