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...
Penalty under Sec.271(1)(c) read with section Sec. 250 - concealment of income starts only after the return of income was filed or subsequent to filing of belated return of income when the Department detects certain income as escaped - AT
Penalty under Sec.271(1)(c) read with section Sec. 250 - concealment of income starts only after the return of income was filed or subsequent to filing of belated return of income when the Department detects certain income as escaped - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
