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2024 (2) TMI 460 - ITAT CHENNAIRevision u/s 263 - PCIT enlarging the scope of limited scrutiny - PCIT has observed that while computing the profit before tax assessee had debited to profit and loss account a sum towards provision for bad and doubtful debts which is not an allowable expenditure and the same was not added back while computing the total income under normal provisions of the Act - return filed by the assessee was selected for limited scrutiny for verification of duty drawback, unsecured loans & disallowance u/s. 40A(7) (Gratuity Provision) - HELD THAT:- As in this case, the AO has examined the case of the assessee for which it was selected under “Limited Scrutiny”. Under the above facts and circumstances, we are of the considered opinion that it is not a fit case to invoke the provisions of section 263 and pass revision order, where the case of the assessee was picked up for limited scrutiny in view of the decision of Smt. Padmavathi [2020 (10) TMI 425 - MADRAS HIGH COURT] as the ld. PCIT cannot enlarge the scope of limited scrutiny. Thus, the revision order under section 263 of the Act stands quashed. Appeal filed by the assessee is allowed.
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