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...
Levy of interest on differential duty - the consideration for sale of goods is received through a retrospective increase in the price of the goods - the interest has to be paid on the amount of Central Excise duty discharged latter due to retrospective increase in the price of the goods
Levy of interest on differential duty - the consideration for sale of goods is received through a retrospective increase in the price of the goods - the interest has to be paid on the amount of Central Excise duty discharged latter due to retrospective increase in the price of the goods
Note: It is a system-generated summary and is for quick reference only.