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...
Violation of principles of natural justice - validity of assessment order - rectification of mistake - This Court feel that the orders, which are impugned herein passed by the first respondent dated 15.03.2021 as well as the notice dated 07.01.2021 advising the petitioner to file a regular appeal against the revised assessment order cannot stand in the legal scrutiny, therefore, both the orders passed by the first and second respondent are liable to be interfered with by this Court - HC
Violation of principles of natural justice - validity of assessment order - rectification of mistake - This Court feel that the orders, which are impugned herein passed by the first respondent dated 15.03.2021 as well as the notice dated 07.01.2021 advising the petitioner to file a regular appeal against the revised assessment order cannot stand in the legal scrutiny, therefore, both the orders passed by the first and second respondent are liable to be interfered with by this Court - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
