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...
Disallowance of deprecation claimed on “right to use leasehold land” - the recognition of the right to use lease hold land as intangible asset as per the statement of account and the same was not disputed by the Department at any stage. - Claim allowed - AT
Disallowance of deprecation claimed on “right to use leasehold land” - the recognition of the right to use lease hold land as intangible asset as per the statement of account and the same was not disputed by the Department at any stage. - Claim allowed - AT
Note: It is a system-generated summary and is for quick reference only.