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...
Refund of excess paid duty - unjust enrichment - There is no evidence by the Department to rebut the certificate given by the appellant’s Chartered Accountant. Otherwise also the higher duty as was assessed provisionally stands already set aside - Refund allowed.
Refund of excess paid duty - unjust enrichment - There is no evidence by the Department to rebut the certificate given by the appellant’s Chartered Accountant. Otherwise also the higher duty as was assessed provisionally stands already set aside - Refund allowed.
Note: It is a system-generated summary and is for quick reference only.