No ITR filed, but ITAT Jaipur still quashed the 200% income tax penalty: Here’s what the taxpayer did to win the case(Soban News)

A Sikar taxpayer faced a ₹3.99 lakh penalty after declaring ₹12.9 lakh in income following an income tax notice. The ITAT Jaipur quashed the penalty after finding defects in the assessment order and notice. Here’s why he won and what taxpayers should check.

​A Sikar taxpayer faced a ₹3.99 lakh penalty after declaring ₹12.9 lakh in income following an income tax notice. The ITAT Jaipur quashed the penalty after finding defects in the assessment order and notice. Here’s why he won and what taxpayers should check. by Soban News (international And National News)