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...
CESTAT ALLAHABAD dismissed an appeal due to abatement for adjourning the matter beyond three times, citing Rule 20 of CESTAT Procedure Rules, 1982. Referring to ISHWARLAL MALI RATHOD case, the Tribunal emphasized the Supreme Court's disapproval of mechanical adjournments, highlighting the need to avoid excessive delays in proceedings. The decision underscores the importance of adhering to statutory limits on adjournments to prevent non-prosecution of appeals.
CESTAT ALLAHABAD dismissed an appeal due to abatement for adjourning the matter beyond three times, citing Rule 20 of CESTAT Procedure Rules, 1982. Referring to ISHWARLAL MALI RATHOD case, the Tribunal emphasized the Supreme Court's disapproval of mechanical adjournments, highlighting the need to avoid excessive delays in proceedings. The decision underscores the importance of adhering to statutory limits on adjournments to prevent non-prosecution of appeals.
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TaxTMI 
TaxTMI 
of 4915 
