Bombay High Court Opens the Door to Waiving ₹4.72 Lakh Misreporting Penalty: Landmark Ruling on Amended Section 270AA Case Law: Farah Khurshed Titina v. Income Tax Officer, Ward 22(1)(6), Mumbai Court: Bombay High Court Writ Petition No.: 4002 of 2026 Date of Judgment: 5 October 2026 Introduction: Can a Misreporting Penalty Be Waived?…
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