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...
Valuation - related parties - extended period of limitation - It is difficult to appreciate that the first audit team, which audited the unit in 1998, failed to see all these documents in order to know the sale of pattern adopted by the respondent - AT
Valuation - related parties - extended period of limitation - It is difficult to appreciate that the first audit team, which audited the unit in 1998, failed to see all these documents in order to know the sale of pattern adopted by the respondent - AT
Note: It is a system-generated summary and is for quick reference only.