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...
Hiring of the buses would not be akin to taking of any plant and machinery on lease - assessee would be liable to deduct the tax on such payment under sec. 194C of the Act and not under sec. 194I of the Act - AT
Hiring of the buses would not be akin to taking of any plant and machinery on lease - assessee would be liable to deduct the tax on such payment under sec. 194C of the Act and not under sec. 194I of the Act - AT
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