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...
Method of computing profit rate - assessee's past history was available and there was no material difference in the facts pertaining to the relevant assessment year and the past history year - additions deleted - HC
Method of computing profit rate - assessee's past history was available and there was no material difference in the facts pertaining to the relevant assessment year and the past history year - additions deleted - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
