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AI News from ET - Bombay HC quashes I-T assessment order, flags non-existent AI-generated case laws

Vishwadeep Khatri
in AI News & Two Lenses

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The Bombay High Court has cancelled an income tax assessment. The court found the assessing officer used fake AI-generated case laws. This led to incorrect additions to a company's income. Authorities must verify AI information before using it. The case has been sent back for a new hearing. This highlights the need for caution with artificial intelligence in legal matters.

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