LatestIncome Tax 14 September 2026
Indian Expat Faces 8.29 Lakh Penalty
An Indian citizen who relocated to the United States for employment failed to file his Indian Income Tax Return for the assessment year, triggering a Section 148 notice. He declared Rs 20.49 lakh income, after which the tax office imposed a penalty of Rs 8.29 lakh, which was later withdrawn, granting full relief.
Key points
- Indian professional moved to the US for a job and missed filing his Indian ITR.
- Tax department issued a Section 148 notice; he reported Rs 20.49 lakh income.
- An Rs 8.29 lakh penalty was levied, but the authority later cancelled it, providing full relief.
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