Explanation of intimation u/s. 245
This query is : Resolved
04 January 2016
Please give a detailed explanation of Intimation u/s. 245. What is its purpose?
05 January 2016
Earlier the Tax authorities use to directly adjust previous demands with the refund due to the assessee. But now they send a prior Notice and then do the adjustement based on response from the assessee
05 January 2016
Thanks for the reply, Sir.
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