Times of India·5 min read

He moved to US for work, missed ITR; taxman imposes Rs 8.9L penalty - what ITAT said

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TOI BUSINESS DESK
He moved to US for work, missed ITR; taxman imposes Rs 8.9L penalty - what ITAT said
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You move abroad for your job but forget to file your Income Tax Return. When you remember, you file your ITR but the date for belated return has also passed and after filing self-assessment tax, you get a notice. What happens now?This is the case of an individual who received an onsite job offer from a multinational company in the United States. He decided to take up the opportunity and moved there. Amid the process of relocating, settling into a new country and adjusting to his new workplace, however, he missed filing his income tax return in India. By the time he realised the mistake, the deadline for filing a belated return had also expired.What the case is aboutHe moved to the US in August 2018 for the new assignment.

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