AO Exceeded Limited Scrutiny by Adding Unrelated Cash Deposits: ITAT Quashes Assessment

Narendra Kumar Singh Vs ITO (ITAT Patna) Income Tax Appellate Tribunal (ITAT) Patna has overturned an assessment order in the case of Narendra Kumar Singh against the Income Tax Officer (ITO), ruling that the Assessing Officer (AO) overstepped the bounds of a limited scrutiny assessment by making additions on issues not initially selected for examination. The decision, dated November 18, 2024, for Assessment Year 2017-18, underscores the critical importance of adhering to the scope of limited scrutiny as defined by Central Board of Direct Taxes (CBDT) instructions. The case originated from an ...