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The Economic Times
The Economic Times
Neelanjit Das

Indian moves to US for job, forgets to file ITR, Income Tax Dept imposes Rs 8.29 lakh penalty; ITAT Jaipur cancels penalty and gives full relief

ITAT Saxena Suresh Surana Income Tax Jaipur United States India Kuldip Singh the Income Tax Department AO

When Mr Saxena from Malviya Nagar got an onsite job offer from a multinational company in the United States of America (USA) he took it and relocated there. However, in between the rush of shifting to a new country, settling there and getting to know the new workplace, etc, Saxena forgot to file his income tax return (ITR) in India. By the time he remembered, the belated ITR due date also passed away.

In August 2018, Saxena relocated to the US for his new job with an MNC. After missing the deadline for even belated ITR filing in India, finally on August 23, 2019, he voluntarily paid the self-assessment tax of approximately Rs 1.62 lakh, together with applicable interest and late fee, even though no reassessment proceedings had been initiated against him at that time.

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