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...
Ad–hoc disallowance made out of conveyance expenses - assessee has produced some evidences to support the claim of expenditure - considering the turnover shown by the assessee, the expenditure claimed cannot be considered to be either unreasonable or excessive. - AT
Ad–hoc disallowance made out of conveyance expenses - assessee has produced some evidences to support the claim of expenditure - considering the turnover shown by the assessee, the expenditure claimed cannot be considered to be either unreasonable or excessive. - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
