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...
Charitable activity - The advance made to employees of the trust, in fact, enables the assessee-trust to carry on the charitable object effectively and efficiently - there is no violation of Section 13(1).
Charitable activity - The advance made to employees of the trust, in fact, enables the assessee-trust to carry on the charitable object effectively and efficiently - there is no violation of Section 13(1).
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
