TaxPenalty

ITAT Reverses ₹1.15 Lakh Penalty: A Salaried Employee’s Victory Against Tax Fraud

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ITAT Reverses ₹1.15 Lakh Penalty: A Salaried Employee’s Victory Against Tax Fraud

A Salaried Employee’s Tax Nightmare: How an ITAT Ruling Reversed a ₹1.15 Lakh Penalty A recent ruling by the Income Tax Appellate Tribunal (ITAT) in Pune has brought to light a critical issue for salaried employees: the risk of unknowingly becoming involved in tax fraud committed by their consultants. The case involves an employee who … Read more

From Penalty to Pardon: How One Taxpayer Fought and Won Against Bogus Deductions

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From Penalty to Pardon: How One Taxpayer Fought and Won Against Bogus Deductions

How One Taxpayer Beat a ₹1.46 Lakh Penalty After False Deductions Imagine this: You trust your tax consultant to handle your ITR, only to discover they’ve drastically under-reported your income with bogus deductions. That’s exactly what happened to Mr. Shinde, a salaried employee who faced a hefty ₹1.46 lakh penalty from the Income Tax Department. … Read more