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The Economic Times
The Economic Times
Business
Himanshi Singh

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

Mrs Chudamasa, a Dubai-based NRI, did not file her income tax return for the assessment year 2017-18. However, the Income Tax Department found out that she had purchased a property worth Rs 2.31 crore during FY 2017-18 and issued a notice under section 148 in April 2022.

Because she did not file her ITR even after the notice, the Assessing Officer issued 2 more notices in August and November 2023. Receiving no response, the AO completed the assessment ex parte and brought the entire Rs 2.32 crore to tax under section 69.

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