https://www.taxtmi.com/article/detailed?id=7780 Limited scrutiny requires the Assessing Officer to serve a notice when it is necessary to ensure no understatement of income, excessive loss, or under paid tax, and such notice must be issued within six months from the end of the financial year in which the return was filed. Expansion beyond the selected issues is impermissible without recorded reasons, proper order sheet entries and prior approval from a senior authority; failure to follow these procedures may give rise to disciplinary action and supports an assessee objection, including on limitation grounds. en-us Mon, 18 Dec 2017 08:23:52 +0530 Mon, 18 Dec 2017 08:23:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7780 Limited scrutiny requires the Assessing Officer to serve a notice when it is necessary to ensure no understatement of income, excessive loss, or under paid tax, and such notice must be issued within six months from the end of the financial year in which the return was filed. Expansion beyond the selected issues is impermissible without recorded reasons, proper order sheet entries and prior approval from a senior authority; failure to follow these procedures may give rise to disciplinary action and supports an assessee objection, including on limitation grounds. Articles Income Tax Mon, 18 Dec 2017 08:23:52 +0530 https://www.taxtmi.com/article/detailed?id=7780