INTIMATION UNDER SEC 143(1)

This query is : Resolved

SURESH VANKADARU (Querist)
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04 October 2008 According to finance act 2008 amendment Primafacie adjustments on return filed can be made and intimation shall be served.
Primafacie adjustments means non desputable one .

Whether such intimation can be revised by CIT under section 263.

Whether it can treated as intimation or assessment order.
Kindly clarify me in this regard.

Jitender

Jitender (Expert)
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04 October 2008 prima facie adjustment can't turn the intimation to assesssement order. therefore can't be revised u/s 263.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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04 October 2008 Appreciation for the correct answer.

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Ravikumar.G

Ravikumar.G (Expert)
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04 October 2008 The matters, which are not subject matter of appeal in that order, can be revised.

Ravikumar.G

Ravikumar.G (Expert)
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04 October 2008 Commissioner on his own motion, can call for the records and examine and revise the order.

Ravikumar.G

Ravikumar.G (Expert)
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04 October 2008 Anderson Marine & Sons P ltd:
Power of commissioner to Revise Intimation u/s 143(1):
Intimation sent by the AO, in law, will have to be understood as having the force of an order on self-assessment and it shall be deemed to be notice of demand issued u/s 156. Such an intimation is also subject to revision u/s 263 of the act by the commissioner.