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...
Exemption for manufacturing of body building on the procured chassis - condition on availing credit versus availing credit and reversing the credit @8% - whether the reversal of 8% amounted to full reversal of cenvat credit availed by the assessee or not is still required to be examined. - AT
Exemption for manufacturing of body building on the procured chassis - condition on availing credit versus availing credit and reversing the credit @8% - whether the reversal of 8% amounted to full reversal of cenvat credit availed by the assessee or not is still required to be examined. - AT
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