Failure to issue Intimation before Adjustment u/s 143(1)(a): ITAT allows Appeal

The ITAT allowed an appeal after determining that the failure to issue an intimation before an adjustment under Section 143(1A) was not in compliance with the law. The taxpayer contended that the adjustments were made without proper communication, and the Tribunal found that the Assessing Officer’s actions were not in accordance with the prescribed procedure. The ruling emphasized that taxpayers must be duly informed of adjustments to ensure transparency and fairness in income tax assessments.