LatestIncome Tax 14 September 2026
Indian Expat Faces Rs 8.29 Lakh Tax Penalty After Missing Return
An Indian software engineer relocated to the United States for a new job but failed to file his Indian Income Tax Return for the previous year. The tax department issued a notice under Section 148 and imposed an Rs 8.29 lakh penalty, which was later cancelled after the taxpayer submitted his return showing a total income of Rs 20.49 lakh.
Key points
- Indian professional moved to the US for work but did not file his Indian ITR for the last fiscal year.
- Tax authorities issued a Section 148 notice and levied an Rs 8.29 lakh penalty.
- After filing the return showing a total income of Rs 20.49 lakh, the penalty was cancelled.
For full details, read the story here.
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