Section 143(1) intimation status:
ADetermination of tax (appealable)
BFinal assessment
CProvisional refund (per relevant Section)
DTax demand only
Answer & Solution
Correct answer: A. Determination of tax (appealable)
1. Section 143(1): computer-processed acknowledgement with adjustments.
2. Deemed notice of demand under Section 156 if tax payable; appealable under Section 246A.
3. Does NOT prevent subsequent scrutiny under 143(2).
_Source: ICAI BoS CA Final Paper 7, Ch 15 "Assessment Procedure"_
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