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Rs 1.46 crore tax demand on office boy who alleges KYC misuse; what ITAT ruled
Confidence78·developingImportance88NP-EVT-20261114-9FD8A45
The Income Tax Department initiated reassessment proceedings against a man after receiving information about transactions associated with a pharma company, described in the information available to the tax authorities as the man’s proprietary concern. The bank account records showed debit entries of Rs 1,27,62,500 and credit entries of Rs 18,85,000.
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Rs 1.46 crore tax demand on office boy who alleges KYC misuse; what ITAT ruled
TOI BUSINESS DESK · 11/14/2026, 5:31:18 AM
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