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...
Stamp duty valuation - The provisions of section 50C are applicable only in respect of capital asset, being land or building or both and there is no reference that the said provisions is applicable to stock in trade - AT
Stamp duty valuation - The provisions of section 50C are applicable only in respect of capital asset, being land or building or both and there is no reference that the said provisions is applicable to stock in trade - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
