Missed an income tax notice because you changed your address? ITAT ruling offers relief on ₹11 lakh tax addition

Delhi ITAT condoned a 2,073-day delay after a taxpayer said reassessment notices were sent to his old address. The tribunal also deleted an ₹11 lakh addition after the taxpayer explained the cash deposit through property sale proceeds and past savings.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.