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...
Confiscation of goods - Redemption fine - Whether the gas oil brought into the shore tank at Mundra and Kandla should be considered as transshipment cargo or not - held no - confiscation and penalty upheld - AT
Confiscation of goods - Redemption fine - Whether the gas oil brought into the shore tank at Mundra and Kandla should be considered as transshipment cargo or not - held no - confiscation and penalty upheld - AT
Note: It is a system-generated summary and is for quick reference only.