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...
Condonation of delay of appeal filed by the revenue - delay of 1223 days - There is no separate law of limitation for the Government nor any latitude can be shown to the Government as the Government is as good as any other litigant and said to be the largest litigant. Revenue could not file appeal only to take the advantage of recent High court decision. - HC
Condonation of delay of appeal filed by the revenue - delay of 1223 days - There is no separate law of limitation for the Government nor any latitude can be shown to the Government as the Government is as good as any other litigant and said to be the largest litigant. Revenue could not file appeal only to take the advantage of recent High court decision. - HC
Note: It is a system-generated summary and is for quick reference only.