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 credits received - The assessee during the section 153 proceedings before the AO could not produce any documents to substantiate the receipts on account of FDR receipts in her capital account - addition confirmed - AT
Unexplained credits received - The assessee during the section 153 proceedings before the AO could not produce any documents to substantiate the receipts on account of FDR receipts in her capital account - addition confirmed - AT
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