Read more at:https://economictimes.indiatimes.com/wealth/tax/purchased-property-below-market-value-filed-no-itr-got-income-tax-notice-paid-the-tax-but-asked-to-pay-rs-70000-penalty-itat-delhi-gives-full-relief/articleshow/134498418.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst When Mr Rai from Indrapuram, Ghaziabad, purchased a property for Rs 48 lakh, he claimed to have no idea that the property’s