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...
TDS on reimbursement of expenses - The assessee has raised debit note on which there is no profit element - the AO cannot fastened the liabilities of TDS as there is clear absence of profit component and it is actual reimbursement - No TDS is required to be deducted by the assessee on reimbursement of actual expenses - AT
TDS on reimbursement of expenses - The assessee has raised debit note on which there is no profit element - the AO cannot fastened the liabilities of TDS as there is clear absence of profit component and it is actual reimbursement - No TDS is required to be deducted by the assessee on reimbursement of actual expenses - AT
Note: It is a system-generated summary and is for quick reference only.