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...
Non-realisation of export sale proceeds - The Appellant was neither part of the management managing the affairs of the MVR group of companies nor was he in any way concerned with the company - the Adjudicating Authority ought not to have imposed the penalty. - AT
Non-realisation of export sale proceeds - The Appellant was neither part of the management managing the affairs of the MVR group of companies nor was he in any way concerned with the company - the Adjudicating Authority ought not to have imposed the penalty. - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
