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...
Valuation of the property - Department has not made any independent investigation and simply adopted the guideline value as provided by the Sub-Registrar and accepted by the AO for determining the fair market value, which in our opinion, is found to be incorrect - AT
Valuation of the property - Department has not made any independent investigation and simply adopted the guideline value as provided by the Sub-Registrar and accepted by the AO for determining the fair market value, which in our opinion, is found to be incorrect - AT
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