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...
Denial of CENVAT credit - whatever duty they would have paid and they could claim the same as refund. - it is a case of revenue neutral situation - the allegation of suppression cannot be alleged against the appellants. - AT
Denial of CENVAT credit - whatever duty they would have paid and they could claim the same as refund. - it is a case of revenue neutral situation - the allegation of suppression cannot be alleged against the appellants. - AT
Note: It is a system-generated summary and is for quick reference only.