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...
Project completion method rejected by the AO - there is no revenue effect and the income offered by the assessee on completion of the project is revenue neutral. - No addition - AT
Project completion method rejected by the AO - there is no revenue effect and the income offered by the assessee on completion of the project is revenue neutral. - No addition - AT
Note: It is a system-generated summary and is for quick reference only.