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...
Admission of additional evidence - Deduction u/s 54F - the evidences furnished are electricity bills, property tax receipts, inaugural photograph of house and the affidavit from the assessee - these evidence goes to the root of the issue, and are material evidence to prove the construction of a new asset - evidences admited
Admission of additional evidence - Deduction u/s 54F - the evidences furnished are electricity bills, property tax receipts, inaugural photograph of house and the affidavit from the assessee - these evidence goes to the root of the issue, and are material evidence to prove the construction of a new asset - evidences admited
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