PCIT Revises Limited Scrutiny Assessment Using Section 263, Citing Procedural Oversight in Information Handling by Assessing Officer.

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....Revision u/s 263 by CIT - limited scrutiny assessment - Based on the information mentioned in the revisionary order, the learned PCIT should have reprimanded the assessing officer by asking assessee to furnish the information, which were not within the scope of limited scrutiny. Instead of that, PCIT has invoked the provisions of Section 263 on such information. - AT....