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...
Penalty under section 271(1)(c) - surrendered investment cannot be considered for levy of penalty in so far as penalty should not be made if there is no conscious breach of law - AT
Penalty under section 271(1)(c) - surrendered investment cannot be considered for levy of penalty in so far as penalty should not be made if there is no conscious breach of law - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
