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...
Detention of imported item - prohibited goods or not? - The High Court rightly held that the MFDs having a utility period, the Extended Producer Responsibility would arise only after the utility period was over - there is no error in the penultimate direction to the respondents for deposit of bond without sureties for 90% of the enhanced valuation of the goods leaving it to the DGFT to decide.
Detention of imported item - prohibited goods or not? - The High Court rightly held that the MFDs having a utility period, the Extended Producer Responsibility would arise only after the utility period was over - there is no error in the penultimate direction to the respondents for deposit of bond without sureties for 90% of the enhanced valuation of the goods leaving it to the DGFT to decide.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
