Notice u/s 142(1) / 143(2) for limited scrutiny has been issued for the AY 2015-16. The AO was given the personal bank statement in which he found no unxplained credit entry. So now he issued another questionnaire asking bank statements for AY 2014-15 saying that he wants to know the sources of opening balalnces of savings in bank statement.
Please let know any judicial ruling which says that the AO cannot travel in preceeding years in scrutiny.
There are no such rulings and in fact there cannot be any such rulings, for the simple reason that the AO is not doing scrutiny proceedings in regard to AY 2014-15, but only seeks details of bank account for AY 2014-15 while doing scrutiny assessment of AY 2015-16.
The time limit is for issuing notice for undertaking scrutiny assessment of a particular AY - not to restrict the information which can be sought. For example, if the time limit to conduct scrutiny assessment for a particular AY gets exceeded, he may not be able to even issue the notice, forget about conducting scrutiny assessment.
Ok sir, i agree that time limit is for issue of notice. And which means that if he has not served notice wthin that time limit specified u/143(2) then he cannot conduct the scrutiny assessment for that FY year. Hope until here you also agree.
Now after issue of notice he asks for information u/s 142(1), can he ask for any no. of previous years ?