Income Tax : CBDT has identified six categories of returns for compulsory scrutiny during FY 2026-27. Selection triggers detailed examination b...
Income Tax : CBDT has identified search, survey, and reassessment cases for compulsory scrutiny in FY 2026-27. The guidelines highlight the Dep...
Income Tax : The ITAT Delhi held that the Assessing Officer could not make a disallowance under Section 14A when the case was selected only for...
Income Tax : Tribunal held that the Assessing Officer exceeded the scope of limited scrutiny by making disallowances beyond the selected issues...
Income Tax : The Tribunal held that the Assessing Officer exceeded the scope of limited scrutiny by treating capital gains as business income w...
Income Tax : The ITAT Kolkata held that the Assessing Officer could not examine issues beyond the limited scrutiny mandate without following CB...
Income Tax : The ITAT Delhi held that the Assessing Officer travelled beyond the limited scrutiny mandate by examining a loan transaction unrel...
Income Tax : The CBDT has identified specific categories of taxpayers whose returns will be compulsorily selected for complete scrutiny during ...
Income Tax : Government of India issues guidelines for compulsory selection of returns for Complete Scrutiny during FY 2023-24. Find the proced...
Income Tax : Central Board of Direct Taxes (CBDT) released guidelines outlining the parameters and procedures for the compulsory selection of i...
Income Tax : CBDT Issues Guidelines for compulsory selection of Income Tax returns for Complete Scrutiny during the Financial Year 2022-23 and ...
CBDT has identified six categories of returns for compulsory scrutiny during FY 2026-27. Selection triggers detailed examination but does not automatically result in tax additions.
The ITAT Delhi held that the Assessing Officer could not make a disallowance under Section 14A when the case was selected only for limited scrutiny regarding deduction under Section 57. As no approval for complete scrutiny was obtained, the addition was deleted.
Tribunal held that the Assessing Officer exceeded the scope of limited scrutiny by making disallowances beyond the selected issues without following the prescribed CBDT procedure. Such additions were held to be unsustainable.
The Tribunal held that the Assessing Officer exceeded the scope of limited scrutiny by treating capital gains as business income without obtaining mandatory approval for complete scrutiny. The appeal was partly allowed on this technical ground, and the merits were not examined.
CBDT has identified search, survey, and reassessment cases for compulsory scrutiny in FY 2026-27. The guidelines highlight the Department’s focus on verifying issues arising from such proceedings.
The ITAT Kolkata held that the Assessing Officer could not examine issues beyond the limited scrutiny mandate without following CBDT-prescribed procedures for conversion into complete scrutiny. As a result, the interest disallowance under Section 36(1)(iii) was deleted.
The CBDT has identified specific categories of taxpayers whose returns will be compulsorily selected for complete scrutiny during FY 2026-27. The guidelines cover survey, search, reassessment, tax-evasion, exemption, and recurring addition cases.
The ITAT Delhi held that the Assessing Officer travelled beyond the limited scrutiny mandate by examining a loan transaction unrelated to the selected issue of increase in capital. Since no approval for expanding scrutiny scope was obtained, the assessment was quashed.
The Tribunal observed that CBDT instructions prohibit the AO from examining issues beyond the specific reason for limited scrutiny without proper approval. Additions relating to non-demonetisation cash deposits were therefore restricted.
The Tribunal ruled that additions made on issues beyond limited scrutiny were without authority since proper conversion to complete scrutiny was not followed. The key takeaway is that violating CBDT instructions renders the entire assessment void.
