ITAT Archives | Pravasi Samwad

NRI Remittances to Parents in India: Missing Documentation Could Invite Tax Scrutiny

Family transfers from NRIs are generally tax-exempt, but maintaining a clear record of the source and purpose of funds can

Tribunal sets aside ₹12 lakh tax demand, reaffirming tax treatment of overseas earnings for non-resident Indians PRAVASISAMWAD.COM In a significant

Case highlights the importance of proper documentation for overseas Indians sending money to family in India PRAVASISAMWAD.COM A six-year income

The ruling reinforces the settled legal position that foreign salary earned and received outside India by a non-resident is not

The ITAT Chennai verdict underscores that substance prevails over labels, and that senior professionals working overseas should not be denied

The ITAT ruled that the Rs 20 lakh gift was legitimately exempt under Section 56(2)(x) of the Income Tax Act,