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...
Deemed income u/s 69B of the Act – Tribunal erred in holding that the DVO’s report did not corroborate the statement made by the assessee before the Income Tax Authorities - HC
Deemed income u/s 69B of the Act – Tribunal erred in holding that the DVO’s report did not corroborate the statement made by the assessee before the Income Tax Authorities - HC
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