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2019 (10) TMI 13 - AT - Income TaxLimited scrutiny - AO exceeding the jurisdiction- Addition on cash deposited in bank - AO while making the impugned additions has exceeded his jurisdiction - case of the assessee was selected for limited scrutiny issue i.e. regarding security transaction and AO could not find any reason to make any addition in respect of issue for which the limited scrutiny was done - HELD THAT:- DR has been fair enough to admit that the impugned additions have been made by the Assessing Officer on certain other issues, whereas, the case of the assessee was selected for the purpose of limited scrutiny relating to security transactions As find that the additions made by the Assessing Officer, thus, being exceeding his jurisdiction are not sustainable in the eyes of law and the same are accordingly ordered to be deleted. - Decided in favour of assessee
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