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...
Extended period in the present case cannot be invoked because the law on the point was not clear and the definition of exempted service was changed from time to time and the interpretational issue was involved
Extended period in the present case cannot be invoked because the law on the point was not clear and the definition of exempted service was changed from time to time and the interpretational issue was involved
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