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...
Withdrawal of registration granted earlier u/s 12AA - profit motive - commercial activities - no major expenditure was for direct benefit of farmers - the activities of the assessee are not for the “advancement of any other object of general public utility” and hence is not for charitable purposes u/s 2(15) - AT
Withdrawal of registration granted earlier u/s 12AA - profit motive - commercial activities - no major expenditure was for direct benefit of farmers - the activities of the assessee are not for the “advancement of any other object of general public utility” and hence is not for charitable purposes u/s 2(15) - AT
Note: It is a system-generated summary and is for quick reference only.