CBDT instruction provides relief in ITR-1 processing under Sec 143(1)(a) for 26AS/ Form 16 discrepancies

Oct 11,2017

CBDT issues instruction clarifying processing of return furnished in Form ITR-1 with respect to information appearing in Form 26AS, Form 16 or Form 16A (the three forms); Notes that since Form ITR-1 provides information about particular head/item of income only on net basis, a meaningful comparison with data/information contained in the three forms is not possible, thus directs that provisions of Sec. 143(1)(a)(vi) should not be invoked to issue intimation proposi...

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