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...
Modification and audit by proper officer under Section 17(6) - no speaking order has been passed when the value was enhanced and assessment was finalized and therefore, provisions of Section 17(6) are clearly attracted - AT
Modification and audit by proper officer under Section 17(6) - no speaking order has been passed when the value was enhanced and assessment was finalized and therefore, provisions of Section 17(6) are clearly attracted - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
