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...
Reopening of Assessment - bogus companies - it is difficult to believe the plea taken that the said information was neither available with the department nor did the assessee disclose the same at the time of assessment proceedings - HC
Reopening of Assessment - bogus companies - it is difficult to believe the plea taken that the said information was neither available with the department nor did the assessee disclose the same at the time of assessment proceedings - HC
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