https://www.taxtmi.com/caselaws?id=261884 The Tribunal allowed the appeals and cross objections filed by the assessee, holding that the AO exceeded his jurisdiction by considering issues not specified in the show cause notice under section 263. The appeals filed by the Revenue were dismissed as academic. The Tribunal emphasized the limited jurisdiction of the Revisional Authority and the AO under section 263, reinforcing the principle that new issues cannot be considered outside the scope of the show cause notice. en-us Wed, 22 Jul 2015 00:00:00 +0530 Fri, 24 Jul 2015 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261884 The Tribunal allowed the appeals and cross objections filed by the assessee, holding that the AO exceeded his jurisdiction by considering issues not specified in the show cause notice under section 263. The appeals filed by the Revenue were dismissed as academic. The Tribunal emphasized the limited jurisdiction of the Revisional Authority and the AO under section 263, reinforcing the principle that new issues cannot be considered outside the scope of the show cause notice. Case-Laws Income Tax Wed, 22 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261884