40 Points
Joined January 2019
Time Limit for issue of 143(1)
Section 143(1) intimation has to be sent within one year from the end of the financial year in which return is being filed. For eg: if the taxpayer has filed return pertaining to the financial year 2016-17 in July 2017, intimation can be sent any time till 31 March 2019.
If the taxpayer does not receive any intimation within such period, it simply means there are no adjustments carried out to the return filed by the taxpayer and no change in tax liability/refund and acknowledgment filed itself is deemed to be Section 143(1) intimation.