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...
Disallowance of investment written off - assessee has made investment in the HTM category as per the guidelines laid down by the RBI and claimed amortization of premium till the period maturity - the loss suffered by the assessee as a result of the amount in question having become irrecoverable is incidental to the assessee’s business and the same is allowable as deduction. - AT
Disallowance of investment written off - assessee has made investment in the HTM category as per the guidelines laid down by the RBI and claimed amortization of premium till the period maturity - the loss suffered by the assessee as a result of the amount in question having become irrecoverable is incidental to the assessee’s business and the same is allowable as deduction. - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
