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...
Additional depreciation on wind mill - assessee had made a claim in the revised computation of income statement filed before completion of assessment proceedings - deduction allowed - AT
Additional depreciation on wind mill - assessee had made a claim in the revised computation of income statement filed before completion of assessment proceedings - deduction allowed - AT
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