{"id":33234,"date":"2023-03-19T16:34:05","date_gmt":"2023-03-19T11:04:05","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=33234"},"modified":"2023-03-19T16:34:05","modified_gmt":"2023-03-19T11:04:05","slug":"trust-1433-and-263","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/trust-1433-and-263\/","title":{"rendered":"Trust, 143(3) and 263"},"content":{"rendered":"<p>Assessee is trust registered Bombay Public trust Act and running a school and is not receiving any grant from GOVt. Filed the Return of income\u00a0 for AY. 2018-19.\u00a0 INTIMATION u\/Sec. 143(1) is received where entire Gross receipts were considered as taxable at MMR and later on case was selected for scrutiny , where AO assessed the income as determined by the CPC U\/Sec. 143(1)(a). Assessee filed an appeal against the assessment order passed U\/Sec. 143(3) .<\/p>\n<p>NOW PCIT has issued NOtice U\/sec. 263 on the ground that no question was asked to assessee about it&#8217;s claim U\/Sec. 10(23) and no adverse inference is drawn. Even though as per assessment order the gross receiots are taxable under MMR as per intimation USec. 143(1) .<\/p>\n<p>1. Whether PCIT is legally correct in issuing Notice U\/Sec. 263<\/p>\n<p>2. Whether assessee must file an appeal against 143(1)(a) also.<\/p>\n<p>3. Are there any decisions which support assessee contention that once order passed U\/Sec. 143(3) is appeal by the assesee and is pending before CIT A , pCIT can not issue Notice U\/sec. 263.<\/p>\n<p>Pl guide .<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[33],"qa_category":[23],"qa_tag":[566,457],"class_list":["post-33234","qa","type-qa","status-publish","hentry","qa_expert-advocate-shashi-ashok-bekal","qa_category-income-tax","qa_tag-intimation","qa_tag-revision"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/33234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=33234"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=33234"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=33234"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=33234"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=33234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}