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...
Income recognition - timing of the accrual of income - registration of sale deeds - AO has bifurcated the income from this project in two years - income of the assessee from this project is chargeable to tax in entirety in the assessment year 2005-06 - AT
Income recognition - timing of the accrual of income - registration of sale deeds - AO has bifurcated the income from this project in two years - income of the assessee from this project is chargeable to tax in entirety in the assessment year 2005-06 - AT
Note: It is a system-generated summary and is for quick reference only.