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...
Stay of demand - directed to deposit 20% of demand as precondition for grant of stay - The authority has to deal with the contentions raised by the parties so as to disclose the application of mind by the authority - reasons are required to be given as reasons now are considered to be one of the pillar of the principles of natural justice - orders are quashed for reconsideration
Stay of demand - directed to deposit 20% of demand as precondition for grant of stay - The authority has to deal with the contentions raised by the parties so as to disclose the application of mind by the authority - reasons are required to be given as reasons now are considered to be one of the pillar of the principles of natural justice - orders are quashed for reconsideration
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
