https://www.taxtmi.com/caselaws?id=468269 A limited scrutiny confined to verification of share premium and section 56(2)(viib) did not permit a wider enquiry under section 68 in the absence of shown approval for expanding the scope of scrutiny. The assessee had produced subscriber records, including bank statements, confirmations, PAN details and valuation material, to support identity, creditworthiness and genuineness. As no material established valid enlargement of scrutiny, the addition beyond the limited parameters was legally unsustainable. The addition under section 68 was deleted and the assessment quashed. en-us Tue, 06 Jan 2026 00:00:00 +0530 Thu, 23 Apr 2026 14:26:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468269 A limited scrutiny confined to verification of share premium and section 56(2)(viib) did not permit a wider enquiry under section 68 in the absence of shown approval for expanding the scope of scrutiny. The assessee had produced subscriber records, including bank statements, confirmations, PAN details and valuation material, to support identity, creditworthiness and genuineness. As no material established valid enlargement of scrutiny, the addition beyond the limited parameters was legally unsustainable. The addition under section 68 was deleted and the assessment quashed. Case-Laws Income Tax Tue, 06 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468269