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...
Since the employer having shown the amount in the salary slip of the employee and retained the same with the employer; it becomes an income includable u/s 2(24)(x) - However, deduction u/s 36(1)(va) is permissible.
Since the employer having shown the amount in the salary slip of the employee and retained the same with the employer; it becomes an income includable u/s 2(24)(x) - However, deduction u/s 36(1)(va) is permissible.
Note: It is a system-generated summary and is for quick reference only.