prima facie adjustment u/s 143(1)

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Nirav

Nirav (Querist)
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18 November 2009 whether A.O. can make prima facie adjustments in the return of Income filed u/s 143(1)

Rajnish

Rajnish (Expert)
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18 November 2009 As per maendment made by Finance Act 2009 Now AO has power to make Prima facie adjustments in return.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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18 November 2009 I don't think there is an amendment in Finance Act,2009. But sub-section 1 has been substituted by finance act,2008 by which the A0 ,while processing the return,can make adjustment for correcting any arithmetical error in the return or an incorrect claim.