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...
Extension of limitation - due date of passing order by Settlement Commission within eighteen months from the date of filing the applications - earlier application was rejected by Commission which was restored by High Court - time taken by the petitioners in pursuing the remedy before High court should be excluded
Extension of limitation - due date of passing order by Settlement Commission within eighteen months from the date of filing the applications - earlier application was rejected by Commission which was restored by High Court - time taken by the petitioners in pursuing the remedy before High court should be excluded
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