https://www.taxtmi.com/caselaws?id=790553 In a limited scrutiny assessment confined to share premium and the applicability of section 56(2)(viib) of the Income-tax Act, an addition under section 68 could not be sustained where the Assessing Officer enlarged the enquiry without obtaining the required approval. The record showed no material evidencing permission to extend the scope of scrutiny beyond the specified issue. As the addition arose from an impermissible expansion of the limited scrutiny, it was held invalid and the assessment was quashed in favour of the assessee. en-us Wed, 22 Apr 2026 00:00:00 +0530 Thu, 23 Apr 2026 13:01:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790553 In a limited scrutiny assessment confined to share premium and the applicability of section 56(2)(viib) of the Income-tax Act, an addition under section 68 could not be sustained where the Assessing Officer enlarged the enquiry without obtaining the required approval. The record showed no material evidencing permission to extend the scope of scrutiny beyond the specified issue. As the addition arose from an impermissible expansion of the limited scrutiny, it was held invalid and the assessment was quashed in favour of the assessee. Case-Laws Income Tax Wed, 22 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790553