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...
CENVAT Credit - fictitious invoices - invoices without corresponding procurement of goods described therein - the investigation failed to obtain facts that could have corroborated the statement and sustain it even after the person had expired - Demand set aside.
CENVAT Credit - fictitious invoices - invoices without corresponding procurement of goods described therein - the investigation failed to obtain facts that could have corroborated the statement and sustain it even after the person had expired - Demand set aside.
Note: It is a system-generated summary and is for quick reference only.