Is intimation u/s 143(1) an assessment order ?
The issue is settled to rest by the decision of Supreme Court in the case of ACIT vs Rajesh Javeri Stock Brokers (P) Ltd. 291 ITR 500 in which it was held that intimation although deem to the notice of demand U/s.156 can not taken as assessment order.
The decision : It is to be noted that the expressions “intimation” and [...]
Is intimation u/s 143(1) an assessment order ? is a post from: India Income Tax Made Simple