Tax Penalty News

17 Sept 202612:28 am

Legal17 Sept 2026 · 12:28 am12:28 am

Man Fined Rs 8.9 Lakh for Missed ITR After US Move; Tax Tribunal Weighs In

An individual who moved to the US for work was penalized Rs 8.9 lakh for missing the Income Tax Return (ITR) deadline, arguing it was due to relocation, not del

16 Aug 20269:18 am

finance16 Aug 2026 · 9:18 am9:18 am

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FAST-DS 2026: Disclosing ₹1 Crore Undisclosed Foreign Asset Could Cost ₹60 Lakh

The FAST-DS 2026 scheme, opening on August 16, allows taxpayers to disclose undisclosed foreign assets and income until December 31, with a ₹1 crore declaration

Tax Penalty News

#Tax Penalty

Man Fined Rs 8.9 Lakh for Missed ITR After US Move; Tax Tribunal Weighs In

FAST-DS 2026: Disclosing ₹1 Crore Undisclosed Foreign Asset Could Cost ₹60 Lakh

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