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...
Input tax credit - purchase of Generator sets and its parts which are capital goods and used in the generation of electricity - as the same is available in terms of the clarification issued by the department itself, credit allowed.
Input tax credit - purchase of Generator sets and its parts which are capital goods and used in the generation of electricity - as the same is available in terms of the clarification issued by the department itself, credit allowed.
Note: It is a system-generated summary and is for quick reference only.