October 19, 2026
Business

Man earning ₹3,500 a month faced ₹1.46 crore tax demand; how ITAT Mumbai came to his rescue(Soban News)

ITAT Mumbai quashed a ₹1.46 crore reassessment against a man who said he earned ₹3,500 a month, ruling that the tax department failed to establish valid service of the notice. The tribunal did not decide whether the disputed transactions were genuine.

​ITAT Mumbai quashed a ₹1.46 crore reassessment against a man who said he earned ₹3,500 a month, ruling that the tax department failed to establish valid service of the notice. The tribunal did not decide whether the disputed transactions were genuine. by Soban News (international And National News)

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