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...
Stay application on penalty u/s 271(1)(c) - the assessee has already paid the full tax amount and also approximately 25 percent of the penalty amount earlier, the Tribunal ought not to have required the assessee to deposit a further sum of Rs. 50 lakhs - HC
Stay application on penalty u/s 271(1)(c) - the assessee has already paid the full tax amount and also approximately 25 percent of the penalty amount earlier, the Tribunal ought not to have required the assessee to deposit a further sum of Rs. 50 lakhs - HC
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