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...
Addition - personal drawings - Assessee is living with his father in tenanted premises and most of the expenditure was borne by the father – no need for making any addition on this account. - AT
Addition - personal drawings - Assessee is living with his father in tenanted premises and most of the expenditure was borne by the father – no need for making any addition on this account. - AT
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