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...
Seeking grant of anticipatory bail - fake bills were made for the purchase of the cigarettes - reversal of ITC - They were evading summons until the grant of anticipatory bail - not entitled to be admitted on anticipatory bail - The court's ruling emphasizes the seriousness of economic offenses and the necessity to consider the larger impact on the public exchequer and taxpayer interests when deciding on matters of anticipatory bail. - HC
Seeking grant of anticipatory bail - fake bills were made for the purchase of the cigarettes - reversal of ITC - They were evading summons until the grant of anticipatory bail - not entitled to be admitted on anticipatory bail - The court's ruling emphasizes the seriousness of economic offenses and the necessity to consider the larger impact on the public exchequer and taxpayer interests when deciding on matters of anticipatory bail. - HC
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TaxTMI 
TaxTMI 
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