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...
Cenvat Credit - common inputs - Scope of Rule 6(3) - Exempted goods versus non-excisable goods - credit cannot be availed where the products are not excisable - Rule 3 of CCR itself restrict the credit - Rule 6 does not come into operation - entire credit to be reversed - AT
Cenvat Credit - common inputs - Scope of Rule 6(3) - Exempted goods versus non-excisable goods - credit cannot be availed where the products are not excisable - Rule 3 of CCR itself restrict the credit - Rule 6 does not come into operation - entire credit to be reversed - AT
Note: It is a system-generated summary and is for quick reference only.