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...
Addition u/s 41(1) - excess provision written back - provisions were made during the period when NDDB was enjoying the tax exemption. - Section 41 (1) of the Act would not apply - HC
Addition u/s 41(1) - excess provision written back - provisions were made during the period when NDDB was enjoying the tax exemption. - Section 41 (1) of the Act would not apply - HC
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