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...
Shareholding - The petitioners themselves admitted that they signed blank transfer forms and handed over the possession of share transfer deeds and share certificates based on the understanding in the agreements - the shares now stand transferred - The chain of events proved in this case clearly established that the petitioners had relinquished their rights as shareholders of the company - Tri
Shareholding - The petitioners themselves admitted that they signed blank transfer forms and handed over the possession of share transfer deeds and share certificates based on the understanding in the agreements - the shares now stand transferred - The chain of events proved in this case clearly established that the petitioners had relinquished their rights as shareholders of the company - Tri
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
