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...
Admission of addition evidence - assessee is required to be given a fair chance and opportunity in the interest of natural justice if additional evidence submitted, have a material bearing to decide the issue
Admission of addition evidence - assessee is required to be given a fair chance and opportunity in the interest of natural justice if additional evidence submitted, have a material bearing to decide the issue
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
