Indian in Kuwait sent Rs 1.09 crore, no ITR; ITAT deletes Rs 5.52 lakh, checks Rs 2.5 crore

The absence of an original ITR became a key issue. Although the department had information about the substantial sums held in his Indian accounts, there was no tax return on record explaining their nature and source.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/QU6zEls
https://ift.tt/vBdXQES