2023 (12) TMI 100

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....Shri Banjul Barthakur, D.R. ORDER PER RAJPAL YADAV, VICE-PRESIDENT (KZ):- The present appeal is directed at the instance of assessee against the order of ld. Principal Commissioner of Income Tax Guwahati-1 dated 31st March, 2021 passed for A.Y. 2015-16 under section 263 of the Income Tax Act. 2. The assessee has taken three grounds of appeal, but the sole grievance of the assessee is t....

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.... passed the scrutiny assessment under section 143(3) of the Income Tax Act on 18.12.2017. 4. The ld. Principal Commissioner perused the record and formed an opinion that assessment order is erroneous as well as prejudicial to the interest of revenue. He issued a show-cause notice and the reasons for issuance of such show-cause notice are reproduced by him on pages no. 2 & 3 of the impugned orde....

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....at the end of the assessee, the ld. Commissioner set aside the assessment order being erroneous and prejudicial to the interest of revenue and remitted them back to the ld. Assessing Officer. He set aside for fresh enquiry and passing of the fresh assessment order on these two issues. 6. The ld. Counsel for the assessee while impugning the order of ld. Pr. CIT contended that the case of the ass....

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....issues on which limited scrutiny was to be carried out. The first item in these issues is 'income from heads of income other than business/profession mismatch'. The other head of income of the assessee, is 'house property income' and apart from the expenditure provided under Chapter (iv) of the Income Tax Act, no other expenditure could be claimed. It is patently erroneous claim at the end of the ....