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...
Assessee Society's activities charitable for public at large. CIT(E)'s finding that activities in nature of trade, commerce or business covered by proviso to Section 2(15) incorrect. HC upheld ITAT's direction to CIT(E) to grant registration u/s 12AA. Decided in favour of assessee.
Assessee Society's activities charitable for public at large. CIT(E)'s finding that activities in nature of trade, commerce or business covered by proviso to Section 2(15) incorrect. HC upheld ITAT's direction to CIT(E) to grant registration u/s 12AA. Decided in favour of assessee.
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