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...
Acquisition of BSE shares - LTCG OR business income - holding period of the asset is to be calculated from the acquisition of date of ‘BSE card’ and not from the date of conversion of ‘BSE card’ into equity shares - held as LTCG
Acquisition of BSE shares - LTCG OR business income - holding period of the asset is to be calculated from the acquisition of date of ‘BSE card’ and not from the date of conversion of ‘BSE card’ into equity shares - held as LTCG
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
