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...
No doubt appellant has waited for larger bench decision but that does not alter the law. Therefore demand is confirmed - However there shall not be levy of penalty on the appellant - AT
No doubt appellant has waited for larger bench decision but that does not alter the law. Therefore demand is confirmed - However there shall not be levy of penalty on the appellant - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
