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...
Revenue or capital expenditure - the replacement of GC sheets and aluminium sheets is not to bring into existence any new asset or new advantage to the assessee - the expenditure has to be treated as expenditure for current repairs.... - AT
Revenue or capital expenditure - the replacement of GC sheets and aluminium sheets is not to bring into existence any new asset or new advantage to the assessee - the expenditure has to be treated as expenditure for current repairs.... - AT
Note: It is a system-generated summary and is for quick reference only.