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...
TDS to be deducted u/s 194(I) of the Act – As against that, “rent“ which is defined in explanation to sec.194I inter-alia is for the use of “plant“ which according to the AO includes buses - view of AO is not Correct - AT
TDS to be deducted u/s 194(I) of the Act – As against that, “rent“ which is defined in explanation to sec.194I inter-alia is for the use of “plant“ which according to the AO includes buses - view of AO is not Correct - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
