Monday, December 2, 2019

Assessments in Limited Scrutiny Cases only with the Approval of Principal Commissioner: ITAT

The Income Tax Appellate Tribunal, Lucknow, held that the jurisdiction of the Assessing Officer while making assessments in Limited Scrutiny cases, by initiating inquiries on new issues has to comply with mandatory requirements of the relevant CBDT Instructions i.e., the approval of the PCIT. The present ruling was made in the case of Ravi Prakash […]

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