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...
Insolvency and BankruptcyOctober 12, 2020Case LawsTri
CIRP process - Permission sought from this Bench for carrying out the assessment proceedings for the assessment years A.Y. 2013-14 to A.Y. 2019-20 - the prayer of the Income Tax Department is accepted to the extent of only doing assessment for the AY 2013-14 to 2019-20. - The IT Department may file their claim, if any, as an Operational Creditor with the Resolution Professional of the Corporate Debtor in time - Tri
CIRP process - Permission sought from this Bench for carrying out the assessment proceedings for the assessment years A.Y. 2013-14 to A.Y. 2019-20 - the prayer of the Income Tax Department is accepted to the extent of only doing assessment for the AY 2013-14 to 2019-20. - The IT Department may file their claim, if any, as an Operational Creditor with the Resolution Professional of the Corporate Debtor in time - Tri
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
