https://www.taxtmi.com/caselaws?id=470339 Limited-scrutiny assessments confine the Assessing Officer's inquiry to the issues specified in the scrutiny notice. Where scrutiny was limited to transactions with specified persons, failure to examine section 12A registration and the related section 11 exemption could not render the assessment erroneous and prejudicial to the Revenue. Revisionary directions under section 263 based on that extraneous issue were therefore invalid and were set aside. en-us Wed, 19 Mar 2025 00:00:00 +0530 Thu, 23 Jul 2026 20:51:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470339 Limited-scrutiny assessments confine the Assessing Officer's inquiry to the issues specified in the scrutiny notice. Where scrutiny was limited to transactions with specified persons, failure to examine section 12A registration and the related section 11 exemption could not render the assessment erroneous and prejudicial to the Revenue. Revisionary directions under section 263 based on that extraneous issue were therefore invalid and were set aside. Case-Laws Income Tax Wed, 19 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470339