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...
Data already collected by the bank in their various branches are electronically processed by the appellant - Computerized data processing is specifically excluded from the scope of BAS – no question of confirmation of demand under BAS would arise - AT
Data already collected by the bank in their various branches are electronically processed by the appellant - Computerized data processing is specifically excluded from the scope of BAS – no question of confirmation of demand under BAS would arise - AT
Note: It is a system-generated summary and is for quick reference only.