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...
Deemed assessment - making an assessment with regard to an assessee by relying on details in the websites and web portals of other entities / individuals - order set aside and directed to pass assessment order afresh after new module becoming operative and shall be completed within a period of three months from the date of operation of new module
Deemed assessment - making an assessment with regard to an assessee by relying on details in the websites and web portals of other entities / individuals - order set aside and directed to pass assessment order afresh after new module becoming operative and shall be completed within a period of three months from the date of operation of new module
Note: It is a system-generated summary and is for quick reference only.