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...
GP addition for unaccounted sales - the assessee has failed to prove that he made un-accounted purchases. Therefore, his request for GP addition for unaccounted sales cannot be considered.
GP addition for unaccounted sales - the assessee has failed to prove that he made un-accounted purchases. Therefore, his request for GP addition for unaccounted sales cannot be considered.
Note: It is a system-generated summary and is for quick reference only.