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...
Direction of special audit challenged – AO are not Chartered Accountants and when required and permissible, can take help and assistance from the qualified specialists to complete the assessment and determine the taxable income of an assessee - HC
Direction of special audit challenged – AO are not Chartered Accountants and when required and permissible, can take help and assistance from the qualified specialists to complete the assessment and determine the taxable income of an assessee - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
