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...
Income from sale of Land - Capital Gain or business income – agriculture land - activity of the assessee of purchase and sale of the said land was not an adventure in the nature of trade as alleged by the AO - AT
Income from sale of Land - Capital Gain or business income – agriculture land - activity of the assessee of purchase and sale of the said land was not an adventure in the nature of trade as alleged by the AO - AT
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