She declared Rs 43,796 income in ITR, misses Rs 14.02 lakh interest; hit with 200% penalty, but ITAT gave relief

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• Times of IndiaLean R·1h ago

  She declared Rs 43,796 income in ITR, misses Rs 14.02 lakh interest; hit with 200% penalty, but ITAT gave relief

  This is the case of a 57-year old non-resident Indian (NRI) woman who ended up under-reporting her income when she filed her Income Tax Return, and the gap was huge.

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