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...
Unaccounted investment - CIT(A) has given a categorical finding that the assessee has brought no evidence on record to show that investment was indeed made by his wife out of her funds because no funds are available with wife of the assessee. - additions confirmed - AT
Unaccounted investment - CIT(A) has given a categorical finding that the assessee has brought no evidence on record to show that investment was indeed made by his wife out of her funds because no funds are available with wife of the assessee. - additions confirmed - AT
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