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...
Allowability of revenue expenses in construction business - giving assured returns to customers from whom capital was received should form part of construction project and should be capitalized - these expenses are not in nature of ‘selling cost’
Allowability of revenue expenses in construction business - giving assured returns to customers from whom capital was received should form part of construction project and should be capitalized - these expenses are not in nature of ‘selling cost’
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
