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...
Penalty under Section 271-D - firm had accepted payments from the partners - applicability of the provisions of Section 269-SS - Section 273B of the Act would come to the aid and help of the respondent-assessee - HC
Penalty under Section 271-D - firm had accepted payments from the partners - applicability of the provisions of Section 269-SS - Section 273B of the Act would come to the aid and help of the respondent-assessee - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
