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...
Respondent is not justified in waiting till the last date of limitation for filing appeal and then proceed to decide whether the order could be implemented or not. - The approach of respondent that it can wait up to the expiry of 180th day is untenable and, accordingly, the limited objection raised by the respondent is not appreciated. - HC
Respondent is not justified in waiting till the last date of limitation for filing appeal and then proceed to decide whether the order could be implemented or not. - The approach of respondent that it can wait up to the expiry of 180th day is untenable and, accordingly, the limited objection raised by the respondent is not appreciated. - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
