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...
Interest received from bank deposits/balances - whether is covered by ‘Principles of mutuality’ or not? - interest received from third parties cannot be exempted under the ‘Principles of mutuality’ - AT
Interest received from bank deposits/balances - whether is covered by ‘Principles of mutuality’ or not? - interest received from third parties cannot be exempted under the ‘Principles of mutuality’ - AT
Note: It is a system-generated summary and is for quick reference only.