REGARDING Adjustments u/s 143(1)(a)


This query is : Resolved 

Quick Summary
If you've received a notice under Section 143(1)(a) of the Income Tax Act and missed the response deadline, you cannot rectify the defect directly. Instead, you'll need to file a revised return. Importantly, if your original return was filed before the due date under Section 139(1), your ability to carry forward losses remains unaffected.

26 December 2024 If return is filed before due date and stcl is carry forwarded but department had issued Notice u/s 143(1)(a) and time for response is lapse then what to do in that case?
whether rectify or revise the return?

26 December 2024 You cannot rectify defect now, file revised return (for AY 2024-25).

26 December 2024 whether loss allowed to carry forward?

26 December 2024 Yes, if the original return was filed u/s. 139(1) IT act.


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