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...
Additions towards unaccounted Cash u/s 69A - The explanation of the assessee that cash was retained by him in capacity of the Director of the Company cannot be doubted particularly when this fact was verifiable from the record of Registrar of Companies. - Additions deleted.
Additions towards unaccounted Cash u/s 69A - The explanation of the assessee that cash was retained by him in capacity of the Director of the Company cannot be doubted particularly when this fact was verifiable from the record of Registrar of Companies. - Additions deleted.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
