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...
Interest was payable u/s 234B - if the assessee is not able to forecast / anticipate the event for accrual of income during the previous year, no Interest can be demanded u/s 234B - AT
Interest was payable u/s 234B - if the assessee is not able to forecast / anticipate the event for accrual of income during the previous year, no Interest can be demanded u/s 234B - AT
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