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...
Stay of rececovery of demand - Capacity/status of a Assessee as Trust OR status of a Firm - the deposit would itself occasion undue hardship to the petitioner who are Trust created for the purpose of benefiting the employees. - Respondents directed to consider the Petitioner’s application under their status as a Trust and try to dispose of the matter preferably within a period of 4 months - HC
Stay of rececovery of demand - Capacity/status of a Assessee as Trust OR status of a Firm - the deposit would itself occasion undue hardship to the petitioner who are Trust created for the purpose of benefiting the employees. - Respondents directed to consider the Petitioner’s application under their status as a Trust and try to dispose of the matter preferably within a period of 4 months - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
