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...
Punishment for contempt of orders of this Tribunal - the Respondents had no right under the compromise memo not to comply with the undertaking to discharge its dues to ARCIL, or disregard the orders passed by this Tribunal. In any case, the Respondents are bound to comply with the directions/orders of this Tribunal. - The Respondent Nos. 2 to 5 have willfully and deliberately disobeyed the orders passed by this Tribunal - The Respondent Nos. 2 to 5 are directed to jointly and severally pay a sum of Rs. 5.5 Crore to the Petitioner together with interest at the rate of 18% p.a. till the date of payment, within a period of 30 days from the date of this order - Tri
Punishment for contempt of orders of this Tribunal - the Respondents had no right under the compromise memo not to comply with the undertaking to discharge its dues to ARCIL, or disregard the orders passed by this Tribunal. In any case, the Respondents are bound to comply with the directions/orders of this Tribunal. - The Respondent Nos. 2 to 5 have willfully and deliberately disobeyed the orders passed by this Tribunal - The Respondent Nos. 2 to 5 are directed to jointly and severally pay a sum of Rs. 5.5 Crore to the Petitioner together with interest at the rate of 18% p.a. till the date of payment, within a period of 30 days from the date of this order - Tri
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
