limited scrutiny

  • Income Tax

CIT can not assume revision powers u/s 263 for issues not forming part of limited scrutiny

CIT can not assume revisionary powers u/s 263 for issues not forming part of limited scrutiny assessment. In a recent…

2 weeks ago
  • Income Tax

CBDT modifies guidelines/criteria for Complete Scrutiny of ITRs during FY 2022-23

CBDT modifies guidelines/criteria for compulsory selection of Income Tax returns for Complete Scrutiny during the Financial Year 2022-23 Guidelines for…

2 years ago
  • Income Tax

CIT Revision u/s 263 for failure of AO to convert limited scrutiny into complete scrutiny quashed

CIT Revision u/s 263 for failure of AO to convert limited scrutiny into complete scrutiny quashed as no credible material…

3 years ago
  • Income Tax

Allowable cost of construction when only 1st floor sold as per sale deed to reduce stamp duty

Allowable Cost of construction when only first floor of house was sold as per registry to reduce the stamp duty.…

3 years ago
  • Income Tax

Section 50C not apply TO transfer of leasehold right in plot of land – ITAT

Section 50C of not apply to transfer of leasehold right in plot of land - ITAT allowed appeal following High…

3 years ago
  • Income Tax

Guidelines-Income Tax compulsory Complete Scrutiny. Selection of returns for FY 2020-21

Guidelines-Income Tax compulsory selection of returns for Complete Scrutiny during Financial Year 2020-21 & conduct of assessment proceedings Guidelines-Income Tax…

4 years ago
  • Income Tax

Initiation of complete scrutiny assessment proceeding prior to receipt of approval invalid

Notice for initiation of complete scrutiny assessment proceeding prior to receipt of approval by Pr. CIT i.e. in anticipation of…

4 years ago
  • Income Tax

CBDT Guidelines for manual selection of returns for Complete Scrutiny during FY 2019-20

CBDT Guidelines for manual selection of returns for Complete Scrutiny during the financial-year 2019-20 F. No. 225/169/2019/ITA-IIGovernment of India Ministry…

5 years ago
  • Income Tax

Limited scrutiny order was not erroneous/prejudicial as enquiries of AO were focused – ITAT

Limited scrutiny order passed by AO was not erroneous or prejudicial to the interest of Revenue as enquiries were focused…

5 years ago
  • Income Tax

Addition made by AO in limited scrutiny by extending scope into full scrutiny deleted

Addition made by AO in limited scrutiny by extending scope deleted as AO did not take due permission to convert…

5 years ago