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...
Valuation - Job Work - The job-worker was retaining the scrap and selling the scrap and retaining the sale proceeds of such scrap with himself - Scrap value was liable to be added in the value of the job-worked product which had been returned to the principal-manufacturer on payment of duty - AT
Valuation - Job Work - The job-worker was retaining the scrap and selling the scrap and retaining the sale proceeds of such scrap with himself - Scrap value was liable to be added in the value of the job-worked product which had been returned to the principal-manufacturer on payment of duty - AT
Note: It is a system-generated summary and is for quick reference only.