Intimations
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 February 2012
sir, I Want to know the diffrence between 143(1) and 143(3). please help answer given me as a practicle think.
11 February 2012
143(1) -Assessment done directly be the department after making certain adjustments for deductions and tax liability etc.
.
143(3) . In this kind of assessement notices are issued to the assessee and he has to reply satisfactorily of these notices and he might have to present either personally or through his authorised representative for hearing of the case.
After hearing the assessee orders U/s 143(3) are passed.
.
Practically...
143(1)....does not create tension in the mind of the assessee whereas 143(3) does so.
.
143(3) . In this kind of assessement notices are issued to the assessee and he has to reply satisfactorily of these notices and he might have to present either personally or through his authorised representative for hearing of the case.
After hearing the assessee orders U/s 143(3) are passed.
.
Practically...
143(1)....does not create tension in the mind of the assessee whereas 143(3) does so.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- CAPITAL GAIN REDEVELOPED FLAT
- Multiple payment of self assessment tax for A Y 2025-2026
- REGARDING ITR FILING QUESTION
- Computation of Dividend
- Requirement under FEMA &RBI
- 44AD VS 44AB AUDIT
- WHERE I SHOW GST 0% INVOICE IN GSTR1 (EITHER TABLE 7 OR TABLE 8)
- TDS on land property purchase Form-141 related query
- GST REGISTRATION REQUIRED TO DIAGNOSTIC UNIT
- TDS NOT YET CREDIED
- Custom Morale Hat Patches UK
- GST Rate on Bakery Items registered under composition scheme
- TDS Intimation(Short Deduction)
- Correction in TDS return New Traces Portal
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
