https://www.taxtmi.com/caselaws?id=279803 The Tribunal found that the Assessing Officer (AO) acted unlawfully by making additions outside the limited scrutiny scope without approval from the administrative Commissioner. The Tribunal deemed the assessment order "bad in law and void-ab initio," leading to the dismissal of other grounds of appeal as academic. The disallowance of interest paid to the bank and the rejection of Long Term Capital Gain (LTCG) claim were not adjudicated upon due to the primary procedural irregularity. The appeal of the assessee was partly allowed based on these findings. en-us Fri, 04 May 2018 00:00:00 +0530 Sat, 06 Apr 2019 05:57:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279803 The Tribunal found that the Assessing Officer (AO) acted unlawfully by making additions outside the limited scrutiny scope without approval from the administrative Commissioner. The Tribunal deemed the assessment order "bad in law and void-ab initio," leading to the dismissal of other grounds of appeal as academic. The disallowance of interest paid to the bank and the rejection of Long Term Capital Gain (LTCG) claim were not adjudicated upon due to the primary procedural irregularity. The appeal of the assessee was partly allowed based on these findings. Case-Laws Income Tax Fri, 04 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279803