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...
Insolvency and BankruptcyDecember 7, 2023Case LawsAT
Approval of resolution plan - Challenge to Constitution of the Committee of Creditors (CoC) - Simply because the Appellants have raised the issue of avoidance application, it does not stand to reason that the approval of the resolution plan needs to be put on hold or kept in abeyance. - AT
Approval of resolution plan - Challenge to Constitution of the Committee of Creditors (CoC) - Simply because the Appellants have raised the issue of avoidance application, it does not stand to reason that the approval of the resolution plan needs to be put on hold or kept in abeyance. - AT
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TaxTMI 
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