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...
Depreciation on the written down values of assets after including the gratuity liability taken over - ITAT allowed the claim - The gratuity liability taken over by the respondent does not fall under any of those categories specified in section 32 - No depreciation - HC
Depreciation on the written down values of assets after including the gratuity liability taken over - ITAT allowed the claim - The gratuity liability taken over by the respondent does not fall under any of those categories specified in section 32 - No depreciation - HC
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