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...
Provisions of section 40(a)(ia) do not override the provisions of section 201 – assessee is liable to TDS on interest payments, even if it has not claimed the same as deduction while computing total income - AT
Provisions of section 40(a)(ia) do not override the provisions of section 201 – assessee is liable to TDS on interest payments, even if it has not claimed the same as deduction while computing total income - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
