https://www.taxtmi.com/caselaws?id=305388 The tribunal held that the Principal Commissioner of Income Tax (Pr. CIT) has the authority to direct the Assessing Officer (AO) to conduct additional inquiries beyond the limited scrutiny notice. Failure by the AO to properly investigate certain aspects led to erroneous and prejudicial assessment orders. The tribunal upheld the Pr. CIT's revisionary orders, with modifications in one case, emphasizing the AO's duty to thoroughly assess the total income of the assessee. The appeals were partially dismissed and partially allowed accordingly. en-us Wed, 31 Aug 2022 00:00:00 +0530 Fri, 02 Dec 2022 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305388 The tribunal held that the Principal Commissioner of Income Tax (Pr. CIT) has the authority to direct the Assessing Officer (AO) to conduct additional inquiries beyond the limited scrutiny notice. Failure by the AO to properly investigate certain aspects led to erroneous and prejudicial assessment orders. The tribunal upheld the Pr. CIT's revisionary orders, with modifications in one case, emphasizing the AO's duty to thoroughly assess the total income of the assessee. The appeals were partially dismissed and partially allowed accordingly. Case-Laws Income Tax Wed, 31 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305388