October 18, 2026
Business

Tax consultant filed incorrect deduction claims: Why ITAT cancelled ₹2.21 lakh penalty on a salaried employee(Soban News)

A Pune ITAT ruling cancels a ₹2.21 lakh income-tax penalty imposed on a salaried employee after he revised his ITR and paid additional tax and interest. The case highlights why taxpayers should verify deductions and correct errors promptly.

​A Pune ITAT ruling cancels a ₹2.21 lakh income-tax penalty imposed on a salaried employee after he revised his ITR and paid additional tax and interest. The case highlights why taxpayers should verify deductions and correct errors promptly. by Soban News (international And National News)

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