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...
Presumption of continuity of business, when external restriction has been put on carrying of business - The assessee is having valid BSE card which could not be used for the reason that SEBI has passed an order barring the assessee not to do any business activity – Assessee’s business has not come to an end - AT
Presumption of continuity of business, when external restriction has been put on carrying of business - The assessee is having valid BSE card which could not be used for the reason that SEBI has passed an order barring the assessee not to do any business activity – Assessee’s business has not come to an end - AT
Note: It is a system-generated summary and is for quick reference only.