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...
Detention order under COFEPOSA Act valid. Detaining authority satisfied detenu likely to engage in prejudicial activities upon release on bail due to propensity for organized smuggling network with foreign gold. Detention order proximate in time to bail grant and updated proposal by sponsoring authority. Non-supply of bail cancellation application inconsequential as not before detaining authority. Detention order not vague despite referring to multiple sub-clauses of Section 3(1). Procedure and statutory safeguards complied with by detaining authority. No interference warranted with detention order based on material reflecting detenu's activities.
Detention order under COFEPOSA Act valid. Detaining authority satisfied detenu likely to engage in prejudicial activities upon release on bail due to propensity for organized smuggling network with foreign gold. Detention order proximate in time to bail grant and updated proposal by sponsoring authority. Non-supply of bail cancellation application inconsequential as not before detaining authority. Detention order not vague despite referring to multiple sub-clauses of Section 3(1). Procedure and statutory safeguards complied with by detaining authority. No interference warranted with detention order based on material reflecting detenu's activities.
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