https://www.taxtmi.com/caselaws?id=794011 A limited scrutiny assessment cannot travel beyond the issues identified in the section 143(2) notice; additions made on matters outside the stated scope, such as denial of section 54F relief or recharacterisation of capital gains, are not sustainable. A valid revised return filed within section 139(5) supersedes the original return, and the assessment must be framed on the revised return rather than the original filing. Where the assessment ignores the revised return and proceeds on the original return, it is bad in law to that extent. On these principles, the additions were deleted and the assessee succeeded. en-us Wed, 24 Jun 2026 00:00:00 +0530 Sat, 27 Jun 2026 08:33:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794011 A limited scrutiny assessment cannot travel beyond the issues identified in the section 143(2) notice; additions made on matters outside the stated scope, such as denial of section 54F relief or recharacterisation of capital gains, are not sustainable. A valid revised return filed within section 139(5) supersedes the original return, and the assessment must be framed on the revised return rather than the original filing. Where the assessment ignores the revised return and proceeds on the original return, it is bad in law to that extent. On these principles, the additions were deleted and the assessee succeeded. Case-Laws Income Tax Wed, 24 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794011