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Man faces Rs 17.18 lakh tax penalty over Rs 55.62 lakh unexplained deposits; ITAT gives relief

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Times of India
Man faces Rs 17.18 lakh tax penalty over Rs 55.62 lakh unexplained deposits; ITAT gives reliefWorldPing
Image via Times of India.

What happened

A man had not filed an income tax return for assessment year 2016-17.

The tax department subsequently completed a reassessment without his participation and, on February 15, 2024, assessed his total income at Rs 55.62 lakh.

Key facts

  • A man had not filed an income tax return for assessment year 2016-17.
  • The tax department subsequently completed a reassessment without his participation and, on February 15, 2024, assessed his total income at Rs 55.62 lakh.
  • Reported by Times of India and published Sat, 10 Oct 2026 06:37:24 UTC.

Why it matters

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What to watch next

  • Official statements or denials from the governments named
  • Whether other major newsrooms confirm the same details
  • Any follow-up decision, vote or deadline tied to the event

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Lawyer who represented Mehul Choksi faces rape charges in U.K.

  2. Man faces Rs 17.18 lakh tax penalty over Rs 55.62 lakh unexplained deposits; ITAT gives relief

Sources

The original report was published by Times of India. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Times of India

Related WorldPing coverage

Lawyer who represented Mehul Choksi faces rape charges in U.K.WorldPing
The Hindu

Lawyer who represented Mehul Choksi faces rape charges in U.K.

The Crown Prosecution Service (CPS) referenced the new charges against the 57-year-old along with a charge of “arranging or facilitating travel of another person with a view to exploitation”.

Brief by WorldPing · Original reporting by The Hindu