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...
Loss of goods in transit - Reserve Bank of India did not permit the remittance of sale consideration by way of foreign exchange on the ground that the goods never reached the Indian source - deduction allowed - HC
Loss of goods in transit - Reserve Bank of India did not permit the remittance of sale consideration by way of foreign exchange on the ground that the goods never reached the Indian source - deduction allowed - HC
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