| |
| The Tax Publishers2019 TaxPub(DT) 6786 (Chd-Trib) INCOME TAX ACT, 1961
Section 143(3)
Where AO could not find any reason to make addition in respect of issue for which the limited scrutiny was done, then additions made by AO on certain other issues exceeding his jurisdiction were unsustainable.
|
Assessment - AO exceeding his jurisdiction - Case of limited scruting -
Case of assessee was selected for limited scrutiny issue, i.e., regarding security transaction. However, AO made addition towards cash deposited in bank account. Held: AO could not find any reason to make addition in respect of issue for which the limited scrutiny was done. Additions had been made by AO on certain other issues, whereas, the case of the assessee was selected for the purpose of limited scrutiny relating to security transactions. Additions, thus, being exceeding AO's jurisdiction were not sustainable.
REFERRED :
FAVOUR : Against the assessee
A.Y. :
IN THE ITAT, CHANDIGARH BENCH
 SUBSCRIBE FOR FULL CONTENT
|