https://www.taxtmi.com/caselaws?id=437131 The ITAT Kolkata held that the AO exceeded jurisdiction by conducting enquiries into unsecured loans issues beyond the scope of limited scrutiny prior to converting the case to complete scrutiny on 14.12.2017. The tribunal found this violated CBDT Instruction No. 5/2016, which restricts limited scrutiny proceedings to specific issues only. Following the precedent in Dev Milk Foods Pvt. Ltd., the tribunal ruled that proper conversion procedures were not followed, making the assessment order bad in law and unsustainable. The case was decided in favor of the assessee. en-us Thu, 23 Feb 2023 00:00:00 +0530 Sat, 03 May 2025 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437131 The ITAT Kolkata held that the AO exceeded jurisdiction by conducting enquiries into unsecured loans issues beyond the scope of limited scrutiny prior to converting the case to complete scrutiny on 14.12.2017. The tribunal found this violated CBDT Instruction No. 5/2016, which restricts limited scrutiny proceedings to specific issues only. Following the precedent in Dev Milk Foods Pvt. Ltd., the tribunal ruled that proper conversion procedures were not followed, making the assessment order bad in law and unsustainable. The case was decided in favor of the assessee. Case-Laws Income Tax Thu, 23 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437131