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...
Transfer of jurisdiction u/s 127 - neither any notice nor any opportunity has been given to the assessee before passing the order, nor there is any finding that it is not possible to give opportunity - order set aside - HC
Transfer of jurisdiction u/s 127 - neither any notice nor any opportunity has been given to the assessee before passing the order, nor there is any finding that it is not possible to give opportunity - order set aside - HC
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