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...
Entitlement to benefit of deduction u/s. 54F - In the instant case the lease is for a period of 999 years subject to renewal for further period of 999 years. - it cannot be said that the assessee is not the owner of the property. - AT
Entitlement to benefit of deduction u/s. 54F - In the instant case the lease is for a period of 999 years subject to renewal for further period of 999 years. - it cannot be said that the assessee is not the owner of the property. - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
