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...
Sale of agricultural land – Amount not effected in bank a/c - there was no reason in not giving credit to the amount, just because the transaction has not routed through the bank account - AT
Sale of agricultural land – Amount not effected in bank a/c - there was no reason in not giving credit to the amount, just because the transaction has not routed through the bank account - AT
Note: It is a system-generated summary and is for quick reference only.