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Tax consultant filed incorrect deduction claims: Why ITAT cancelled ₹2.21 lakh penalty on a salaried employee

1 source · first seen 09:20 25 Sept · updated 09:20 25 Sept

The brief

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Pune ITAT cancelled a ₹2.21 lakh penalty on a salaried employee
The employee revised his ITR and paid additional tax and interest after a tax consultant filed incorrect deduction claims
The ruling offers guidance to salaried taxpayers facing penalties over incorrect deduction claims

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