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...
Assessment u/s 153A - Unexplained gifts - The assessment originally made is unabated and once, there is no incriminating material found during the course of search in relation to the income added as undisclosed income, no addition can be made.
Assessment u/s 153A - Unexplained gifts - The assessment originally made is unabated and once, there is no incriminating material found during the course of search in relation to the income added as undisclosed income, no addition can be made.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
