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Sold property but did not file ITR? ITAT gives taxpayer another chance to contest ₹90.09 lakh income tax penalty

Sold property but did not file ITR? ITAT gives taxpayer another chance to contest ₹90.09 lakh income tax penalty

RSS excerpt

A property seller facing a ₹90.09 lakh income tax penalty after failing to file an ITR has received another chance to appeal. The ITAT condoned the delay and ordered fresh consideration, but did not cancel the penalty or decide the tax dispute.

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