No ITR, Rs 2.31 cr purchase: Dubai NRI wins tax case
Dubai-based NRI, Mrs Chudamasa, won a tax case after not filing an income tax return (ITR) for the assessment year 2017-18 and purchasing a property worth Rs 2.31 crore in FY 2017-18. The Income Tax Department issued multiple notices demanding the tax, but Mrs Chudamasa did not respond. She appealed to the Income Tax Appellate Tribunal (ITAT) Mumbai, which condoned the delay and dismissed the tax demand.
The tribunal ruled in her favor due to procedural and jurisdictional grounds, finding the reassessment proceedings invalid because the Principal Commissioner of Income-tax Bengaluru-3 did not have the statutory authority to approve the notice issued on April 2, 2022.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
