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...
Disallowance of salary - there was no business activity - A decrease, or even absence, of business activity does not necessarily lead to proportionate reduction in staff salaries - AT
Disallowance of salary - there was no business activity - A decrease, or even absence, of business activity does not necessarily lead to proportionate reduction in staff salaries - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
