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...
Income from house property - ALV determination - Methodology as adopted by Ld. AO to estimate the income @8% of value of the property is not in accordance with the principles laid down by Hon'ble Court and therefore, the same could not be sustained. - AT
Income from house property - ALV determination - Methodology as adopted by Ld. AO to estimate the income @8% of value of the property is not in accordance with the principles laid down by Hon'ble Court and therefore, the same could not be sustained. - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
