Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
Computation of income as NIL - when the assessee society has applied more than 85% of its total receipts for the objects and charitable purposes of the society, exemption u/s 11 allowed. - AT
Computation of income as NIL - when the assessee society has applied more than 85% of its total receipts for the objects and charitable purposes of the society, exemption u/s 11 allowed. - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
