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...
Accrual of capital gain - transfer - Nowhere there is mentioned in the allotment letter that the possession of the plot is given to the prospective buyers - no capital gain accrued by mere issuing allotment letter - AT
Accrual of capital gain - transfer - Nowhere there is mentioned in the allotment letter that the possession of the plot is given to the prospective buyers - no capital gain accrued by mere issuing allotment letter - AT
Note: It is a system-generated summary and is for quick reference only.