LatestIncome Tax 14 September 2026
India Tax Penalty Cancelled After US Relocation
An Indian professional who moved to the United States for a job failed to file his Indian income tax return for the fiscal year, prompting a notice under Section 148. The tax department initially levied a Rs 8.29 lakh penalty, but after the taxpayer filed a return showing a total income of Rs 20.49 lakh, the assessing officer cancelled the penalty and granted full relief, underscoring the importance of timely filing even for expatriates.
An Indian employee relocating to the US missed filing his Indian income tax return, triggering a Section 148 notice.
- The Income Tax Department imposed a Rs 8.29 lakh penalty.
- The taxpayer submitted a return declaring Rs 20.49 lakh income.
- The assessing officer subsequently cancelled the penalty and gave full relief.
This case highlights the need for expatriates to stay compliant with Indian tax filing requirements despite overseas employment. For full details, see the original Economic Times article.
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