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...
Unexplained money u/s 69A - ssessee has clearly stated that the bank officials have refused to divulge the information about the clients - AO should have carried out the enquiry from the banks - AT
Unexplained money u/s 69A - ssessee has clearly stated that the bank officials have refused to divulge the information about the clients - AO should have carried out the enquiry from the banks - AT
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