ITAT Reduces Alleged Income of NRI by 97% After Dispute Over Rs 2.28 Crore

Last updated: 14 October 2025

A Non-Resident Indian (NRI) taxpayer successfully challenged the Income Tax Department after being initially slapped with a draft assessment order adding Rs 2.28 crore as "unexplained income," raising his total assessed income to Rs 2.32 crore. The case drew attention because the taxpayer had filed

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