https://www.taxtmi.com/caselaws?id=771292 The ITAT Bangalore held that the AO exceeded jurisdiction by expanding the scope of 'limited scrutiny' without following mandatory procedures. The AO improperly inquired into capital loss issues not identified for limited examination under section 143(2), disallowing capital loss and determining business loss without prior approval from PCIT/CIT. Additionally, the AO violated section 144C by passing final assessment order under section 147 without issuing mandatory draft assessment order to the non-resident assessee, constituting incurable illegality. The assessment order was declared null and void for lack of jurisdiction. Appeal allowed. en-us Wed, 07 May 2025 00:00:00 +0530 Fri, 23 May 2025 08:46:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771292 The ITAT Bangalore held that the AO exceeded jurisdiction by expanding the scope of 'limited scrutiny' without following mandatory procedures. The AO improperly inquired into capital loss issues not identified for limited examination under section 143(2), disallowing capital loss and determining business loss without prior approval from PCIT/CIT. Additionally, the AO violated section 144C by passing final assessment order under section 147 without issuing mandatory draft assessment order to the non-resident assessee, constituting incurable illegality. The assessment order was declared null and void for lack of jurisdiction. Appeal allowed. Case-Laws Income Tax Wed, 07 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771292