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...
Payment of Tax at compounding rate – Rejection of benefit due to Shifting of place of business – No opportunity of being heard was given to petitioner – Assessing authority must give valid reason why such shifting deserves such treatment - HC
Payment of Tax at compounding rate – Rejection of benefit due to Shifting of place of business – No opportunity of being heard was given to petitioner – Assessing authority must give valid reason why such shifting deserves such treatment - HC
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