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...
Invocation of extended period of limitation - since the agreement between appellants and broadcasting company was known to department the allegation of Suppression of facts cannot sustain - demand and penalty set aside - HC
Invocation of extended period of limitation - since the agreement between appellants and broadcasting company was known to department the allegation of Suppression of facts cannot sustain - demand and penalty set aside - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
