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...
Amortization of investment “held to maturity”- allowable expenditure u/s 37(1) or not? - it cannot be denied by the authorities under the pretext that it was showing as investment in the balance sheet.
Amortization of investment “held to maturity”- allowable expenditure u/s 37(1) or not? - it cannot be denied by the authorities under the pretext that it was showing as investment in the balance sheet.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
