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...
Condonation of delay - proof of reasonable cause for not filing the appeal in time before the CIT (Appeals) - Since the order was send at wrong address, the assessee was prevented from filing the appeal before the CIT (Appeals) within the time granted by the statute - Delay condoned - AT
Condonation of delay - proof of reasonable cause for not filing the appeal in time before the CIT (Appeals) - Since the order was send at wrong address, the assessee was prevented from filing the appeal before the CIT (Appeals) within the time granted by the statute - Delay condoned - AT
Note: It is a system-generated summary and is for quick reference only.