AO Cannot Go Beyond Limited Scrutiny Scope Without Mandatory Approval

ABIL Realty Pvt. Ltd. Vs ITO (ITAT Pune) The Income Tax Appellate Tribunal (ITAT), Pune Bench, has quashed a tax addition of over Rs 9.3 crore made against ABIL Realty Pvt. Ltd., holding that the Assessing Officer (AO) exceeded the scope of a limited scrutiny assessment without obtaining the required approval. The decision, dated March 19, 2025, highlights the binding nature of Central Board of Direct Taxes (CBDT) circulars on the Income Tax Department and the procedural limits of scrutiny assessments. The case involves the Assessment Year 2016-17, for which ABIL Realty had filed its return de...