06 February 2016
Section 143(1): A communication from the department to the assessee based on the return filed u/s 139 or in response to a notice u/s 142(1). Based on the information provided in the return itself by the assessee and the information available with the department about taxes paid, TDS etc. (no extraneous information other than from the return filed will be considered generally) the department will process and recompute the tax liability and interest and make an intimation to the assessee.
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