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...
Allowability of registration u/s 12AA - Under section 11 (5)(iii), deposit of the moneys in a scheduled bank is substantial compliance with the law – Therefore, agricultural marketing committee is entitled to be registered under section 12A/12AA - AT
Allowability of registration u/s 12AA - Under section 11 (5)(iii), deposit of the moneys in a scheduled bank is substantial compliance with the law – Therefore, agricultural marketing committee is entitled to be registered under section 12A/12AA - AT
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