Revision u/s 263 - scope of limited scrutiny - PCIT has directed ...

Income Tax

October 16, 2021

Revision u/s 263 - scope of limited scrutiny - PCIT has directed the AO to pass the assessment order afresh ignoring that when the case is selected for limited scrutiny, the jurisdiction of CIT for holding the order erroneous or prejudicial to the interest of revenue is confined only to the issue of limited scrutiny and not to direct the AO to pass a denovo assessment afresh by raising issues beyond what is permitted in the limited scrutiny. Hence, the direction given by Ld. CIT is also bad in law. - AT

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Revision u/s 263 - scope of limited scrutiny - PCIT has directed ...

Income Tax

October 16, 2021

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