Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2020 (4) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2020 (4) TMI 405 - AT - Income TaxScrutiny assessment - No approval of the concerned Commissioner before extending the scope of scrutiny - Disallowance u/s 14A r.w.r. 8D - HELD THAT:- Reason for which the case was picked up for limited scrutiny relates to the AIR information on the cash deposits in the savings bank account. Assessing Officer did not obtain the written approval of the concerned Commissioner before extending the scope of scrutiny in respect of disallowance under Section 14A - It is on record that the CBDT Instruction No.7/2014, dated 26-09-2014 did not permit the Assessing Officers to extend the scope of scrutiny to the issues other than the ones which are authorised by the Board in this regard under CASS. It is pertinent to note that this case was for limited scrutiny and in respect of Section 14A disallowance, no scrutiny was made by the Assessing Officer. This can be seen from the assessment order itself. Therefore, the assessment order itself is bad in law and void ab initio. - Decided in favour of assessee.
|