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...
Treatment to the rental income from letting out of the godowns - the income received by the assessee, by way of rent, was the income received from property and it would not fall under the head income from business. - HC
Treatment to the rental income from letting out of the godowns - the income received by the assessee, by way of rent, was the income received from property and it would not fall under the head income from business. - HC
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