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...
Seeking waiver of Ground Rent and port charges - Delay in Removal of goods from the Port premises within 30 days of their arrival - In the event the writ court concludes that the Port’s claim of ₹ 45 lakh was exaggerated, the Port will be required to pay interest at the rate of 10% per annum on the balance quantum of the deposit from the date of such bills being raised till the balance quantum of the deposit is taken back by the writ petitioners. - HC
Seeking waiver of Ground Rent and port charges - Delay in Removal of goods from the Port premises within 30 days of their arrival - In the event the writ court concludes that the Port’s claim of ₹ 45 lakh was exaggerated, the Port will be required to pay interest at the rate of 10% per annum on the balance quantum of the deposit from the date of such bills being raised till the balance quantum of the deposit is taken back by the writ petitioners. - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
