Business

Minor had Rs 1.17 crore interest income, father faced Rs 12.83 lakh penalty; what ITAT did

Times of india Business·12 Sep 2026
Minor had Rs 1.17 crore interest income, father faced Rs 12.83 lakh penalty; what ITAT did

The ruling arose from the tax dispute involving a man in New Delhi. He filed his income tax return on November 4, 2022, reporting total income of Rs 8.43 crore. The case was subsequently reopened by…

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