Intimation u/s 143 & assessement order
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 December 2011
what difference between Intimation u/s 143 and assessment order in income tax act
10 December 2011
Intimation u/s 143(1), is issued as per the return of income, with no additions or deductions, informing that your return has been processed.
Assessment order u/s 143(3), is made after thorough checking of your income & expenses and additions to your income is made if proper explaination is not offered to ITO.
Assessment order u/s 143(3), is made after thorough checking of your income & expenses and additions to your income is made if proper explaination is not offered to ITO.
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