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...
Excess jewellery found during the course of search - Jewellery belonging to family member (i.e sone and wife) or not? - person to whom said jewellery belongs - Excess jewellery found in the name of son of the appellant and wife of the assessee cannot be assessed in the hands of the assessee - AO directed to delete the additions - AT
Excess jewellery found during the course of search - Jewellery belonging to family member (i.e sone and wife) or not? - person to whom said jewellery belongs - Excess jewellery found in the name of son of the appellant and wife of the assessee cannot be assessed in the hands of the assessee - AO directed to delete the additions - AT
Note: It is a system-generated summary and is for quick reference only.