IT : Issue of intimation under section 143(1) cannot amount to completion of assessment under section 139(5) disabling assessee from filing a revised return
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[2014] 52 taxmann.com 480 (Calcutta)
HIGH COURT OF CALCUTTA
Tata Metaliks Ltd
v.
Commissioner of Income-tax,- III, Kolkata*
SOUMITRA PAL AND ARINDAM SINHA, JJ.
IT APPEAL NO. 301 OF 2005†
SEPTEMBER 22, 2014
Section 143 of the Income-tax Act, 1961 - Assessment - General (Completion) - Assessment year 1999-2000 - Whether issue of intimation under section 143 for assessment cannot be said to be completion of assessment within meaning of section 139(5); hence, assesee would not be disabled from filing a revised return - Held, yes [Para 11] [In favour of assessee]
■■■
[2014] 52 taxmann.com 480 (Calcutta)
HIGH COURT OF CALCUTTA
Tata Metaliks Ltd
v.
Commissioner of Income-tax,- III, Kolkata*
SOUMITRA PAL AND ARINDAM SINHA, JJ.
IT APPEAL NO. 301 OF 2005†
SEPTEMBER 22, 2014
Section 143 of the Income-tax Act, 1961 - Assessment - General (Completion) - Assessment year 1999-2000 - Whether issue of intimation under section 143 for assessment cannot be said to be completion of assessment within meaning of section 139(5); hence, assesee would not be disabled from filing a revised return - Held, yes [Para 11] [In favour of assessee]
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