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Income Tax | Delhi ITAT Quashes Black Money Assessment and Penalty for Invalid Notice

8 Oct 2026 · 6d agoBy CA Vijayakumar ShettySource: TaxGuru

Delhi ITAT quashes ₹2.04 crore Black Money Act assessment and ₹1.84 crore penalty as no valid section 10(1) notice existed for AY 2019-20. The post Delhi ITAT Quashes Black Money Assessment and Penalty for Invalid Notice appeared first on TaxGuru .

Attribution

Original credit: CA Vijayakumar Shetty. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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