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...
Enhancement of amount by way of loss claimed on valuation of certain shares by the Ld.CIT(A) - CIT(A) has power to enhance and accordingly the contentions of assessee on this issue are rejected.
Enhancement of amount by way of loss claimed on valuation of certain shares by the Ld.CIT(A) - CIT(A) has power to enhance and accordingly the contentions of assessee on this issue are rejected.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
