Man earning ₹3,500 a month faced ₹1.46 crore tax demand; how ITAT Mumbai came to his rescue
ITAT Mumbai quashed a ₹1.46 crore reassessment against a man who said he earned ₹3,500 a month, ruling that the tax department failed to establish valid service of the notice.
The tribunal did not decide whether the disputed transactions were genuine.
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