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...
Validity of reopening of assessment - notice against non existent entity - wrong name given in the notice was merely a clerical error which could be corrected u/s 292B of the Income Tax Act - SC
Validity of reopening of assessment - notice against non existent entity - wrong name given in the notice was merely a clerical error which could be corrected u/s 292B of the Income Tax Act - SC
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