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...
Condonation of delay of 125 days - misunderstanding and inadequate advice by the Tax Consultant about the correct remedy - On receipt of the order of the First Appellate Authority, assessee first approached the CIT(A)/Pr. CIT u/s 264 instead of approaching the Tribunal for relief - the assessee subsequently filed the appeal with application for Condonation of delay - delay condoned
Condonation of delay of 125 days - misunderstanding and inadequate advice by the Tax Consultant about the correct remedy - On receipt of the order of the First Appellate Authority, assessee first approached the CIT(A)/Pr. CIT u/s 264 instead of approaching the Tribunal for relief - the assessee subsequently filed the appeal with application for Condonation of delay - delay condoned
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
