https://www.taxtmi.com/caselaws?id=409765 The appeal challenging the order passed under section 263 by the ld. PCIT was allowed in favor of the appellant. The court found that the ld. PCIT exceeded the scope of limited scrutiny by delving into capital gains issues not part of the original selection criteria. The order was deemed legally invalid as the AO had already scrutinized and accepted the relevant details. Consequently, the directions issued by the ld. PCIT were considered beyond jurisdiction, leading to the appellant's success in the appeal. en-us Wed, 16 Jun 2021 00:00:00 +0530 Fri, 16 Jul 2021 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409765 The appeal challenging the order passed under section 263 by the ld. PCIT was allowed in favor of the appellant. The court found that the ld. PCIT exceeded the scope of limited scrutiny by delving into capital gains issues not part of the original selection criteria. The order was deemed legally invalid as the AO had already scrutinized and accepted the relevant details. Consequently, the directions issued by the ld. PCIT were considered beyond jurisdiction, leading to the appellant's success in the appeal. Case-Laws Income Tax Wed, 16 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409765