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...
Business income or Capital gain - sale of shares - the mere fact that the assessee is not a broker in shares does not mean that he is also not a dealer/trader in shares - Held as business income - AT
Business income or Capital gain - sale of shares - the mere fact that the assessee is not a broker in shares does not mean that he is also not a dealer/trader in shares - Held as business income - AT
Note: It is a system-generated summary and is for quick reference only.