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...
Eligibility to deduction u/s 35D to the Bank - High Court should have frame substantial question of law before hearing appeal bipartite - issue remanded to High Court for consideration the substantial question of law that whether the respondent Bank is an industrial undertaking so as to entitle them to claim deduction u/s 35D.
Eligibility to deduction u/s 35D to the Bank - High Court should have frame substantial question of law before hearing appeal bipartite - issue remanded to High Court for consideration the substantial question of law that whether the respondent Bank is an industrial undertaking so as to entitle them to claim deduction u/s 35D.
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TaxTMI 
TaxTMI 
of 4915 
