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...
Validity of order passed - single order passed for 4 assessment year - Type of transaction may vary between one assessment year and another assessment year. - the matter should be adjudicated and separate orders have to be passed - HC
Validity of order passed - single order passed for 4 assessment year - Type of transaction may vary between one assessment year and another assessment year. - the matter should be adjudicated and separate orders have to be passed - HC
Note: It is a system-generated summary and is for quick reference only.