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...
Unexplained investment u/s 69 - the burden is on the Department to show that the fair market value of the assets as on the date of purchase was more than the value declared by the assessee - HC
Unexplained investment u/s 69 - the burden is on the Department to show that the fair market value of the assets as on the date of purchase was more than the value declared by the assessee - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
