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...
HC held that detention of personal gold jewellery was illegal due to procedural irregularities. No Show Cause Notice was issued and no personal hearing was granted, violating principles of natural justice. The Court found the Order-in-Original unsustainable, citing previous judicial precedents that personal jewellery should not be confiscated when procedural requirements are not met. Connected family petitions were similarly directed for release of seized articles. The detention order was quashed, and the petition was disposed of in favor of the petitioner.
HC held that detention of personal gold jewellery was illegal due to procedural irregularities. No Show Cause Notice was issued and no personal hearing was granted, violating principles of natural justice. The Court found the Order-in-Original unsustainable, citing previous judicial precedents that personal jewellery should not be confiscated when procedural requirements are not met. Connected family petitions were similarly directed for release of seized articles. The detention order was quashed, and the petition was disposed of in favor of the petitioner.
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TaxTMI 
TaxTMI 
of 4915 
