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Delhi ITAT ruling: How relative’s airline job cleared businessman of tax penalty on foreign currency found in raid

• A relative’s airline job helped establish the businessman’s ownership of foreign currency found in a raid
• The case highlights the need for credible evidence of cash ownership and source to contest tax penalties
• Indian taxpayers facing search-related foreign-currency seizures may need evidence of ownership and source to contest penalties

ideaForge Faces ₹109 Cr GST Demand, Penalty Over Alleged Tax Underpayment

• ideaForge received a GST demand and penalty order totalling ₹109.2 Cr over alleged tax underpayment
• The tax exposure may weigh on ideaForge Technology shares

Woman ignores 4 tax notices, faces Rs 1.55 Cr tax additions: What ITAT says next

Tax refund interest can't be denied merely because of incorrect ITR

Dubai NRI bought Rs 2.31 crore property, didn’t file ITR, got income tax notice; she fights back and wins in ITAT on these grounds