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...
Seizure of imported goods - misdeclaration of goods - when the mis-declaration was only in respect of 81 bales, Commissioner proceeded to redetermine the entire quantity of goods without giving any reasons for rejecting the value of the goods is arbitrary - the valuation declared by the appellant for other goods is to be accepted and remanded for valuation of disputed goods
Seizure of imported goods - misdeclaration of goods - when the mis-declaration was only in respect of 81 bales, Commissioner proceeded to redetermine the entire quantity of goods without giving any reasons for rejecting the value of the goods is arbitrary - the valuation declared by the appellant for other goods is to be accepted and remanded for valuation of disputed goods
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
