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Outlook Money

Latest news on Personal finance, mutual funds, investments, insurance, tax, schemes for senior citizens, retirement planning, and other financial aspects. Gain insights on financial planning and other financial aspects from Outlook Money Magazine.

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Outlook Money
outlookmoney.com > tax > nri-gets-relief-after-rs-109-crore-kuwait-remittance-triggers-tax-scrutiny

NRI Gets Relief After Rs 1.09 Crore Kuwait Remittance Triggers Tax Scrutiny

1+ day, 12+ hour ago   (662+ words) Kuwait-based NRI faced Rs 3.63 crore unexplained money addition Bank records linked substantial Indian deposits to overseas salary remittances Ahmedabad ITAT deleted Rs 5.52 lakh unexplained income addition Rs 2.49 crore HDFC Bank amount was sent for verification An Indian working in Kuwait…...