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...
If the property was acquired on behalf of another person and thereafter transferred to such another person, then there cannot be any capital gain in the hands of the assessee - Commission income on this transaction is to be estimated at 2%.
If the property was acquired on behalf of another person and thereafter transferred to such another person, then there cannot be any capital gain in the hands of the assessee - Commission income on this transaction is to be estimated at 2%.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
