No ITR filed despite ₹30 lakh salary: Delhi ITAT explains why ₹3.74 lakh penalty was deleted
A salaried taxpayer earning over ₹30 lakh did not file his ITR and was later fined ₹3.74 lakh for under-reporting income.
Delhi ITAT deleted the penalty after finding that he disclosed his full income and the tax department accepted it without additions.
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