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...
The High Court found the Tribunals Delhi Bench erred in dismissing multiple appeals for alleged lack of territorial jurisdiction instead of seeking transfer orders from the Tribunal President; the HC held that the Delhi Bench should have referred the matters for transfer and that summary dismissal imposed undue burdens on parties. The HC set aside the impugned dismissals, restored the appeals to the original Delhi Bench dockets for merits adjudication, and directed that any corresponding matters pending before the Lucknow Bench remain deferred until Delhi disposes them; Lucknow must close duplicate appeals after production of Delhis disposal orders.
The High Court found the Tribunals Delhi Bench erred in dismissing multiple appeals for alleged lack of territorial jurisdiction instead of seeking transfer orders from the Tribunal President; the HC held that the Delhi Bench should have referred the matters for transfer and that summary dismissal imposed undue burdens on parties. The HC set aside the impugned dismissals, restored the appeals to the original Delhi Bench dockets for merits adjudication, and directed that any corresponding matters pending before the Lucknow Bench remain deferred until Delhi disposes them; Lucknow must close duplicate appeals after production of Delhis disposal orders.
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