https://www.taxtmi.com/caselaws?id=777882 ITAT MUMBAI - AT set aside and quashed the revision under section 263, holding for the assessee. The Tribunal found the AO had conducted limited scrutiny within prescribed parameters, accepted the returned income after verification, and did not convert it into complete scrutiny nor obtain requisite prior approval to enlarge scope. Issues outside the limited-scrutiny parameters (CSR expense treatment, 80G deduction, education cess disallowance) could not validly form the basis of revisional action. The Tribunal reiterated that both error and prejudice to Revenue must co-exist for valid exercise of s.263. en-us Thu, 04 Sep 2025 00:00:00 +0530 Sat, 06 Sep 2025 08:16:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777882 ITAT MUMBAI - AT set aside and quashed the revision under section 263, holding for the assessee. The Tribunal found the AO had conducted limited scrutiny within prescribed parameters, accepted the returned income after verification, and did not convert it into complete scrutiny nor obtain requisite prior approval to enlarge scope. Issues outside the limited-scrutiny parameters (CSR expense treatment, 80G deduction, education cess disallowance) could not validly form the basis of revisional action. The Tribunal reiterated that both error and prejudice to Revenue must co-exist for valid exercise of s.263. Case-Laws Income Tax Thu, 04 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777882