ITAT Ahmedabad quashed Section 143(1) Adjustment Without Prior Intimation

Kriteshwar Prasad Singh Vs ACIT/DCIT (ITAT Ahmedabad) Adjustment u/s 143(1) Without Prior Intimation Quashed – ITAT Ahmedabad Rules in Favour of ONGC Employee Assessee, an ONGC employee, filed return declaring income of ₹89.76 lakh & claimed exemption of ₹6.34 lakh u/s 10(10AA) for leave encashment on retirement. CPC, Bengaluru, while processing u/s 143(1), restricted exemption to ₹3 lakh, treating ONGC employees as non-Govt employees, resulting in an addition of ₹3.34 lakh. Assessee argued that: No prior intimation was issued before making adjustment, violating the first provis...