Revision u/s 263 - limited scrutiny assessment - there is no ...

Case Laws Income Tax

January 18, 2023

Revision u/s 263 - limited scrutiny assessment - there is no such credible material or information which would justify widening the scope of limited scrutiny. Therefore, Ld. Pr. CIT, in our considered opinion, could not term the assessment order as erroneous or prejudicial to the revenue since the flagged issues, could otherwise be not examined by Ld. AO during the course of regular assessment proceedings. - AT

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Revision u/s 263 - limited scrutiny assessment - there is no ...

Case Laws Income Tax

January 18, 2023

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