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...
Attachment of bank account - Failure to pay tax due to due amounts from the main contractors had not been received - The High court acknowledged the petitioner's predicament but noted that tax payment was a burden they must bear. However, it considered the petitioner's request for reasonable time to pay the balance of the tax amount.
Attachment of bank account - Failure to pay tax due to due amounts from the main contractors had not been received - The High court acknowledged the petitioner's predicament but noted that tax payment was a burden they must bear. However, it considered the petitioner's request for reasonable time to pay the balance of the tax amount.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
