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...
Group Company – EPCG Scheme - Perusal of definition of “Group Company” reveal that two or more enterprises, ought to be in position directly or indirectly to exercise 26% or more voting rights in other enterprise – Authorities directed to consider utilization of excess exports of group company in computation of export obligation in terms of para 9.28 of FTP - HC
Group Company – EPCG Scheme - Perusal of definition of “Group Company” reveal that two or more enterprises, ought to be in position directly or indirectly to exercise 26% or more voting rights in other enterprise – Authorities directed to consider utilization of excess exports of group company in computation of export obligation in terms of para 9.28 of FTP - HC
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TaxTMI 
TaxTMI 
of 4915 
