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...
Interest paid on a borrowed capital for acquiring land - expenditure before Commencement of busniss - The process of conversion of the land and then getting the approval of the site plan establishes that the assessee has already set up its business - claim of expenditure allowed.
Interest paid on a borrowed capital for acquiring land - expenditure before Commencement of busniss - The process of conversion of the land and then getting the approval of the site plan establishes that the assessee has already set up its business - claim of expenditure allowed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
