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...
Deduction u/s. 80IB(1) - Assessee was not the owner of the land and the approval of the project was not in the name of Assessee - the section does not prescribe anywhere that the commencement certificate should be in the name of Assessee. - Admittedly the Assessee has developed the project. - Benefit of exemption / deduction cannot be denied - HC
Deduction u/s. 80IB(1) - Assessee was not the owner of the land and the approval of the project was not in the name of Assessee - the section does not prescribe anywhere that the commencement certificate should be in the name of Assessee. - Admittedly the Assessee has developed the project. - Benefit of exemption / deduction cannot be denied - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
