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...
TP Adjustments - If the interest has been considered to be operational expenses in the case of the assessee, then the same should also be considered as operational expenses in the cases of comparables - AT
TP Adjustments - If the interest has been considered to be operational expenses in the case of the assessee, then the same should also be considered as operational expenses in the cases of comparables - AT
Note: It is a system-generated summary and is for quick reference only.