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 in filing application for Revision u/s 264 - power of CIT delay could have been condoned for one assessment year viz., 2012-13 and both matters could have been taken up and heard out on merits deserves to be accepted.
Condonation of delay in filing application for Revision u/s 264 - power of CIT delay could have been condoned for one assessment year viz., 2012-13 and both matters could have been taken up and heard out on merits deserves to be accepted.
Note: It is a system-generated summary and is for quick reference only.