2002 (10) TMI 5 - SC - Income Tax

Whether it is open to the Revenue to issue intimation under section 143(1)(a) of the Income-tax Act, after notice for regular assessment has been issued under section 143(2) - appeal of revenue dismissed

Summary

The Supreme Court dismissed appeals against Gujarat High Court orders stating no substantial question of law arose regarding the Revenue issuing intimation under section 143(1)(a) after notice for regular assessment under section 143(2) of the Income-tax Act, 1961. The High Court's decision was upheld as it aligned with the legislative intent and the appeals were dismissed.