Processing of returns in Form ITR-I under section 143(1) of the Income-tax Act, 1961 - applicability of section 143(1)(a)(vi) - reg.

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..... ion 119 of the Income-tax Act, 1961 Subject: Processing of returns in Form ITR-I under section 143(1) of the Income-tax Act, 1961 - applicability of section 143(1)(a)(vi) - reg.- Clause (vi) of sub-section (a) of section 143(1) of the Income-tax Act, 1961 ('Act') as introduced vide Finance Act, 2016, w.e.f. 01.04.2017, while processing the return of income prescribes that the total incom .....

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..... n with the data/information as contained in the three Forms in a meaningful manner. Therefore, in exercise of its powers under section 119 of the Act, the Board hereby directs that provision of section 143(1)(a)(vi) of the Act would not be invoked to issue intimation proposing adjustment to the income/loss so filed in ITR-1 Form in such situations. 4. However, where any head/item of income has be .....

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