Cbdt instruction on adjustment u/s 143(1)

Poltu Ghosh (Job) (1865 Points)

11 October 2017  

CBDT 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. In this regard Instruction No. 9/2017 has been issued on 11.10.2017.

Indeed a good news!

See the attached Instruction.