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...
Personal effect - assessee was holding paintings in a packed condition and is preserving them according to the norms required and is not displaying them at his house - these paintings cannot be held as personal effects - AT
Personal effect - assessee was holding paintings in a packed condition and is preserving them according to the norms required and is not displaying them at his house - these paintings cannot be held as personal effects - AT
Note: It is a system-generated summary and is for quick reference only.