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...
Penalty u/s 271(1)(c) - no original return- return filed pursuant to notice u/s 148 and paid additional tax - assessed income and the returned income are same - no penalty as salary income and rental income were subjected to TDS
Penalty u/s 271(1)(c) - no original return- return filed pursuant to notice u/s 148 and paid additional tax - assessed income and the returned income are same - no penalty as salary income and rental income were subjected to TDS
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
