Income tax return filed is processed by the CPC – Central Processing Unit. Presently, CPC in Bangalore is responsible for carrying out all primary assessments. The CPC unit of Income tax department takes up the ITR for processing i,e cross checks the details reported in the ITR with the information in hand and sends a …
Section 143(1) of Income Tax Act 1961- All About Intimation U/S 143(1) An income tax return can be either filed voluntarily under Section 139 or on demand by the income tax department under Section 142(1). It is necessary to understand what happens after the taxpayer has filed the return of income. Income tax department carries …
Section 143(1) of Income Tax Act 1961- All About Intimation U/S 143(1) Read More »