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...
AT determined that the predicate offence existed at the time of ECIR recording, despite initial jurisdictional complexities involving Karnataka and Chhattisgarh State Police. The court found substantive evidence of potential criminal activities under Sections 384 and 420 IPC, along with offences under Prevention of Corruption Act. Consequently, the appellant's arguments lacked merit, resulting in appeal dismissal, thereby upholding the original findings related to potential money laundering proceedings under PMLA 2002.
AT determined that the predicate offence existed at the time of ECIR recording, despite initial jurisdictional complexities involving Karnataka and Chhattisgarh State Police. The court found substantive evidence of potential criminal activities under Sections 384 and 420 IPC, along with offences under Prevention of Corruption Act. Consequently, the appellant's arguments lacked merit, resulting in appeal dismissal, thereby upholding the original findings related to potential money laundering proceedings under PMLA 2002.
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TaxTMI 
TaxTMI 
of 4916 
