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...
Reverse Charge Mechanism - Banking and Other Financial Services (BOFS) - fee paid for issuance of bonds outside India - import of service - They claim to have received the services outside India. Did they have any office or establishment in UK or elsewhere outside India to receive Silverdale’s services outside India? Through whom did REL maintain/operate the Escrow Account in London? - matter remanded back - AT
Reverse Charge Mechanism - Banking and Other Financial Services (BOFS) - fee paid for issuance of bonds outside India - import of service - They claim to have received the services outside India. Did they have any office or establishment in UK or elsewhere outside India to receive Silverdale’s services outside India? Through whom did REL maintain/operate the Escrow Account in London? - matter remanded back - AT
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