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...
Disallowance on account of membership fee paid to Airport Authority of India - Corporate membership - such expenditure did not bring into existence any benefit of enduring nature. - CIT(A) rightly allowed the claim.
Disallowance on account of membership fee paid to Airport Authority of India - Corporate membership - such expenditure did not bring into existence any benefit of enduring nature. - CIT(A) rightly allowed the claim.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
