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...
Validity of notice u/s 148 - issue examined while passing the order of regular assessment - reasons recorded in support of the impugned notice was merely on the basis of borrowed satisfaction of the audit party - impugned notice bad
Validity of notice u/s 148 - issue examined while passing the order of regular assessment - reasons recorded in support of the impugned notice was merely on the basis of borrowed satisfaction of the audit party - impugned notice bad
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