Income Addition Quashed for Exceeding Limited Scrutiny Jurisdiction

Devendra Kumar Vs ITO (ITAT Delhi) Factual Background The case involves an appeal filed by the assessee, Devendra Kumar, against the order of the Additional/Joint Commissioner of Income Tax (Appeals) [Addl./JCIT(A)] for the Assessment Year (AY) 2017-18. The original assessment was framed under Section 143(3) of the Income Tax Act, 1961 (the Act). The core dispute was the addition made by the Assessing Officer (AO) of Rs. 8,68,799/- under the presumptive taxation provisions of Section 44AD of the Act. This addition was subsequently upheld by the lower appellate authority, the Addl./JCIT(A). C...