https://www.taxtmi.com/caselaws?id=377922 The Tribunal ruled in favor of the appellant, emphasizing the Assessing Officer's unauthorized extension of assessment beyond the limited scrutiny scope permitted by CASS. Despite challenges in maintaining proper records, the Tribunal directed acceptance of the books of account due to no discrepancies found within the limited scrutiny mandate. The rejection of books of accounts and income estimation were deemed improper, with the Tribunal stressing the necessity for proper identification of expenses before disallowance and the importance of adhering to procedural guidelines in assessments. en-us Wed, 03 Apr 2019 00:00:00 +0530 Thu, 04 Apr 2019 16:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377922 The Tribunal ruled in favor of the appellant, emphasizing the Assessing Officer's unauthorized extension of assessment beyond the limited scrutiny scope permitted by CASS. Despite challenges in maintaining proper records, the Tribunal directed acceptance of the books of account due to no discrepancies found within the limited scrutiny mandate. The rejection of books of accounts and income estimation were deemed improper, with the Tribunal stressing the necessity for proper identification of expenses before disallowance and the importance of adhering to procedural guidelines in assessments. Case-Laws Income Tax Wed, 03 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377922