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...
Unexplained sundry creditors - genuineness of sundry creditors - small time karigars, doing job works of finishing and polishing from their homes - The AO was supposed and required to apply his mind to the issue and thereby considering the applicability of the provisions of section 68 of the Act..... - AT
Unexplained sundry creditors - genuineness of sundry creditors - small time karigars, doing job works of finishing and polishing from their homes - The AO was supposed and required to apply his mind to the issue and thereby considering the applicability of the provisions of section 68 of the Act..... - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
