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...
Reassessment u/s 147 – the assessee himself appears to have claimed that the construction was spread over to 2-3 years - reopening of assessment is a natural consequence of the claim for spread over - HC
Reassessment u/s 147 – the assessee himself appears to have claimed that the construction was spread over to 2-3 years - reopening of assessment is a natural consequence of the claim for spread over - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
