Demand of additional tax on simple processing of income - Applicability of provision of Section 143(1A)...

Demand of additional tax on simple processing of income - Applicability of provision of Section 143(1A) where assessment may have been completed u/s 143(3) - The High Court clarified that Section 143(1A) applies only to cases arising from processing under Section 143(1)(a) and does not extend to scrutiny assessments conducted u/s 143(3). It emphasized that once scrutiny assessment proceedings are initiated, the imposition of additional tax u/s 143(1A) is not contemplated by the legislature. - The Court underscored the fundamental principle that there can only be one assessment order for one assessment year, and once scrutiny assessment is completed, any earlier intimation loses its effect. .....

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