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...
Clandestine manufacture and removal - difference in quantity of goods as shown cleared in ER-1 returns and the balance sheet - this difference is only because the appellant manufactured the goods on job work basis for which they are not liable to duty - Since details are not reflected from the records and also order-in-original was passed before the additional reply - matter remanded
Clandestine manufacture and removal - difference in quantity of goods as shown cleared in ER-1 returns and the balance sheet - this difference is only because the appellant manufactured the goods on job work basis for which they are not liable to duty - Since details are not reflected from the records and also order-in-original was passed before the additional reply - matter remanded
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
