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...
TDS u/s 194C - addition u/s 40(a)(ia) - assessee JV had assigned the work allotted to its member companies - payments made towards subcontract without deducting tds - there was no Profit and Loss Account in the assessee’s case and there was no claim of any expenditure - there was no question of any disallowance u/s 40(a)(ia)
TDS u/s 194C - addition u/s 40(a)(ia) - assessee JV had assigned the work allotted to its member companies - payments made towards subcontract without deducting tds - there was no Profit and Loss Account in the assessee’s case and there was no claim of any expenditure - there was no question of any disallowance u/s 40(a)(ia)
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