https://www.taxtmi.com/highlights?id=58808 Revision u/s 263 - Non Verification of cash deposits and purchase of property - The order u/s 263 passed by the ld. PCIT dwelled into the issue of “re-computation of capital gains” which is beyond the mandate of the limited scrutiny issued by the CBDT. Hence, the directions of the ld. PCIT which are beyond the selection criteria of scope of scrutiny for the instant year cannot be held to be legally valid. - AT en-us Fri, 16 Jul 2021 13:24:56 +0530 Fri, 16 Jul 2021 13:24:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58808 Revision u/s 263 - Non Verification of cash deposits and purchase of property - The order u/s 263 passed by the ld. PCIT dwelled into the issue of “re-computation of capital gains” which is beyond the mandate of the limited scrutiny issued by the CBDT. Hence, the directions of the ld. PCIT which are beyond the selection criteria of scope of scrutiny for the instant year cannot be held to be legally valid. - AT Highlights Income Tax Fri, 16 Jul 2021 13:24:56 +0530 https://www.taxtmi.com/highlights?id=58808