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...
Unaccounted cash - telescoping benefit to the assessee - the cash found during the course of search represents part of such professional receipts have been accounted by the assessee and filed the return of income - No additions.
Unaccounted cash - telescoping benefit to the assessee - the cash found during the course of search represents part of such professional receipts have been accounted by the assessee and filed the return of income - No additions.
Note: It is a system-generated summary and is for quick reference only.