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...
Interest is being demanded by the revenue not for the period when the assessments were provisional but for the period post finalization of the assessment - no reason to interfere with the demand for interest made by the revenue - HC
Interest is being demanded by the revenue not for the period when the assessments were provisional but for the period post finalization of the assessment - no reason to interfere with the demand for interest made by the revenue - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
