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...
Computation of capital gain - ascertaining the correct sale value - no contrary material on record or any inquiry by the AO, the sale consideration shown by the assessee is liable to be accepted - AT
Computation of capital gain - ascertaining the correct sale value - no contrary material on record or any inquiry by the AO, the sale consideration shown by the assessee is liable to be accepted - AT
Note: It is a system-generated summary and is for quick reference only.