ITAT gives taxpayer a fresh chance in ₹90.09 lakh penalty case
In short
A property seller who did not file an income tax return has been given another chance to fight a ₹90.09 lakh penalty. The ITAT accepted the late appeal and sent the case back for fresh review.
This matters because the penalty is still in place for now. The reporting does not say how the tax dispute will end.
What the reporting says
A property seller facing a ₹90.09 lakh income tax penalty for not filing an ITR has been given another chance to contest the case. The ITAT condoned the delay and sent the matter back for fresh consideration, according to the publisher summary. The penalty was not cancelled, and the tax dispute itself was not decided in the available reporting.
Why it matters
A property seller facing a ₹90.09 lakh income tax penalty got relief when the ITAT condoned the delay and ordered fresh consideration. The available reporting says the taxpayer had not filed an ITR, but it does not say whether the underlying tax liability was upheld or cancelled. The immediate impact is a reopened appeal, not a final resolution.