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...
Double taxation - Rectification of mistake u/s 154 - Rental income was offered as “income from house property” - Addition of the same income under the head “income from other sources” - There is clearly a mistake apparent from record while processing the return of income wherein the CPC, Bengaluru - Additions deleted - AT
Double taxation - Rectification of mistake u/s 154 - Rental income was offered as “income from house property” - Addition of the same income under the head “income from other sources” - There is clearly a mistake apparent from record while processing the return of income wherein the CPC, Bengaluru - Additions deleted - AT
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