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...
Deposit U/s 269SS – Share application money receive in cash - assessee is under bonafide belief that the amounts could have been accepted by cash. - penalty levied u/s 271D deleted. - AT
Deposit U/s 269SS – Share application money receive in cash - assessee is under bonafide belief that the amounts could have been accepted by cash. - penalty levied u/s 271D deleted. - AT
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