Income Tax : Explore the history and key adjustments under Section 143(1)(a) of the Income Tax Act, including recent amendments and CPC's role ...
Income Tax : Discover the limitations of Indias Centralized Processing System (CPC) for taxpayers. Explore solutions to enhance communication a...
Income Tax : In my previous article ‘The First Substantive Ground of Appeal against an adjustment u/s 143(1)(a)(iv)‘, the following...
Income Tax : The First Substantive Ground of Appeal against an adjustment made under Section 143(1)(a)(iv) It has been 15 years since the Incom...
Income Tax : RECTIFICATION OF AN ORDER RECEIVED FROM CPC AND ISSUES RELATING TO DISPOSAL OF THE RECTIFICATION PETITION If the assessee finds a ...
Income Tax : KSCAA Representation regarding adjustments (over and above 20% of disputed demand) by CPC despite assessments pending before first...
Income Tax : BCAS has made an excellent Representation to CPC on Difficulties faced by the taxpayers alongwith their suggestions to remove the ...
Income Tax : A unique PINCODE 560500 has been allotted to Centralized Processing Centre (CPC), Income Tax Department located in Bengaluru by th...
Income Tax : Recently, members are raising concerns regarding the problem faced by them in resolving the grievances in respect of Communication...
Income Tax : This is to inform that a few emails received by the Deductors and Taxpayers have been brought to the attention of the Centralized ...
Income Tax : The Tribunal ruled that CPC’s application of a 30% tax rate merely due to absence of turnover disclosure in the return form coul...
Income Tax : The tribunal considered whether CPC could rely solely on the original tax audit report to make an adjustment. It held that correct...
Income Tax : The Tribunal remanded the disallowance of PF and ESI contributions to the CIT(A) to reconsider the issue in light of the Supreme C...
Income Tax : The ITAT Mumbai held that CPC cannot make an adjustment under Section 143(1)(a) without issuing prior intimation and considering t...
Income Tax : The Tribunal clarified that CPC could not make prima facie adjustments denying Section 80P deduction before the Finance Act, 2021 ...
Income Tax : CBDT Notification 155/2025 confers concurrent powers on the Commissioner of Income Tax, CPC Bengaluru, to rectify apparent errors ...
Income Tax : Section 194IA of the IT Act relates to TDS on Sale of property. Form 26QB is an online statement-cum-challan to be filled and subm...
The Tribunal ruled that CPC’s application of a 30% tax rate merely due to absence of turnover disclosure in the return form could not override the concessional rate provided by law.
The tribunal considered whether CPC could rely solely on the original tax audit report to make an adjustment. It held that corrections through revised reports and financial records must be examined before sustaining an addition.
The Tribunal remanded the disallowance of PF and ESI contributions to the CIT(A) to reconsider the issue in light of the Supreme Court’s decision in Checkmate Services. The appeal was allowed for statistical purposes to ensure consistent adjudication.
The ITAT Mumbai held that CPC cannot make an adjustment under Section 143(1)(a) without issuing prior intimation and considering the assessees response, as mandated by the proviso to the section.
The Tribunal clarified that CPC could not make prima facie adjustments denying Section 80P deduction before the Finance Act, 2021 amendment. The disallowance made in 2019 was held invalid and deleted.
CBDT Notification 155/2025 confers concurrent powers on the Commissioner of Income Tax, CPC Bengaluru, to rectify apparent errors in assessment orders and issue demand notices for cases processed through the CPC interface, effective immediately.
Explore the history and key adjustments under Section 143(1)(a) of the Income Tax Act, including recent amendments and CPC’s role in processing returns.
KSCAA Representation regarding adjustments (over and above 20% of disputed demand) by CPC despite assessments pending before first appellate authority
In an ITAT Kolkata ruling, deduction u/s 80P for AY 2019-20 was allowed due to timely filing within the due date specified by CBDT. The CPC’s adjustment was deemed beyond its jurisdiction before April 2021
Discover the limitations of Indias Centralized Processing System (CPC) for taxpayers. Explore solutions to enhance communication and efficiency in tax processing.
