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...
Writ petition disposed of, permitting petitioner to submit consolidated grievance petition before assessing officer regarding adjustments against alleged arrears from previous assessment years, including contentions about unlawful adjustments without demand notices. Assessing officer to consider grievance petition, provide reasonable opportunity and personal hearing to petitioner, and dispose of it by speaking order within two months from receipt.
Writ petition disposed of, permitting petitioner to submit consolidated grievance petition before assessing officer regarding adjustments against alleged arrears from previous assessment years, including contentions about unlawful adjustments without demand notices. Assessing officer to consider grievance petition, provide reasonable opportunity and personal hearing to petitioner, and dispose of it by speaking order within two months from receipt.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
