https://www.taxtmi.com/caselaws?id=433540 The Tribunal held that the Assessing Officer (AO) was limited to the issues specified for scrutiny and could not investigate the interest income discrepancy. As a result, the assessment order was not erroneous, despite being prejudicial to the Revenue. The Principal Commissioner's order under Section 263 was overturned, and the appeal by the assessee was allowed. en-us Mon, 30 Jan 2023 00:00:00 +0530 Wed, 01 Feb 2023 10:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433540 The Tribunal held that the Assessing Officer (AO) was limited to the issues specified for scrutiny and could not investigate the interest income discrepancy. As a result, the assessment order was not erroneous, despite being prejudicial to the Revenue. The Principal Commissioner's order under Section 263 was overturned, and the appeal by the assessee was allowed. Case-Laws Income Tax Mon, 30 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433540