Expanding of Limited Scrutiny scope by Section 263 order is invalid By Anand Gupta TaxGuru

Expanding of Limited Scrutiny scope by Section 263 order is invalid ITAT find that order u/s 263 passed by PCIT dwelled into the issue of re-computation of capital gains which is beyond the mandate of limited scrutiny issued by CBDT. Hence, directions of PCIT are beyond selection criteria of scope of scrutiny for instant year cannot be held to be legally valid.

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