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The Economic Times
The Economic Times
Business
Neelanjit Das

Rs 24 crore cash sales in Form 26AS, Rs 4-crore tax demand: How a five-star hotel cook won his case in Delhi High Court

Lalit Delhi High Court Income Tax Income Tax Department AO Fraud Identity Theft Police

On February 26, 2024, Mr Lalit who worked as a cook in Hotel Ashoka, got an income tax notice.The notice claimed that he made a cash sale of Rs 24.62 crore from a packing materials company and thus owed Rs 4 crore in income tax plus a penalty for under-reporting his income. Mr Lalit earned a low salary, well below the tax-free limit, and was shocked to receive this notice. So, he immediately checked his Form 26AS.

His Form 26AS showed that his PAN had an entry for the Rs 24.62-crore cash sales. It also showed that 1% TDS was deducted on this amount. Thereafter, Lalit went to the Greater Kailash Police Station, New Delhi, and the Delhi Police Cyber Cell, Saket to file a formal complaint.

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