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...
Disallowance u/s 14A – The income of the assessee from the business of operating ships having been computed in accordance with the provisions of Chapter XII-G - No disallowance u/s 14A relating to dividend income - AT
Disallowance u/s 14A – The income of the assessee from the business of operating ships having been computed in accordance with the provisions of Chapter XII-G - No disallowance u/s 14A relating to dividend income - AT
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