https://www.taxtmi.com/caselaws?id=470307 Revisionary jurisdiction cannot be used to expand a limited-scrutiny assessment beyond the issues for which scrutiny was selected. Where the Assessing Officer examined sales turnover and high-value securities transactions within the prescribed scope and accepted the returned income, unexamined matters relating to audit or estimation of share and futures-and-options income and TDS-related expenditure could not render the assessment erroneous. The revisionary order directing a fresh assessment on those outside-scope matters was invalid; the original assessment was restored. en-us Tue, 22 Apr 2025 00:00:00 +0530 Wed, 22 Jul 2026 20:59:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470307 Revisionary jurisdiction cannot be used to expand a limited-scrutiny assessment beyond the issues for which scrutiny was selected. Where the Assessing Officer examined sales turnover and high-value securities transactions within the prescribed scope and accepted the returned income, unexamined matters relating to audit or estimation of share and futures-and-options income and TDS-related expenditure could not render the assessment erroneous. The revisionary order directing a fresh assessment on those outside-scope matters was invalid; the original assessment was restored. Case-Laws Income Tax Tue, 22 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470307