A Rs 22 crore tax notice built on AI-generated “court rulings”? What the Bombay High Court just ruled | Financial Literacy News
The case involved an increase in the taxpayer’s income from Rs 3.09 crore to Rs 27.91 crore by the Assessing Officer. (AI image) Imagine getting a tax notice from the Income Tax Department – the tax demand on which is partly a result of purported rulings that AI suggested to tax officials! The use of…