Section 251 not empowers CIT(A) to discover new income source: ITAT Ahmedabad

Rotex Enterprises P. Ltd. Vs DCIT (ITAT Ahmedabad) The Income Tax Appellate Tribunal (ITAT) Ahmedabad recently adjudicated a case concerning the powers of the Commissioner of Income Tax (Appeals) [CIT(A)] to expand the scope of assessment beyond what was considered by the Assessing Officer (AO). In the case of Rotex Enterprises P. Ltd. vs DCIT, the tribunal emphasized that while the CIT(A) has wide-ranging powers to revise assessments, including the authority to correct the AO on various matters, these powers do not extend to discovering new sources of income. Relevant Section: The tribunal r...