Thursday, November 22, 2018

Non-Residents not required to disclose their Foreign Bank Accounts and Assets to Indian Income Tax Authorities: ITAT [Read Order]

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the non-residents are not required to disclose the details of their foreign bank accounts and assets to the  Indian Income Tax department. In the instant case, the assessment completed against the assessee was re-opened by the department on the basis of the […]

The post Non-Residents not required to disclose their Foreign Bank Accounts and Assets to Indian Income Tax Authorities: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



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