Wednesday, September 30, 2020

ITAT rescues NRI holding $3 Million in his Swiss Account [Read Order]

HSBC - Swiss Account - NRI - ITAT - TaxscanThe Income Tax Appellate Tribunal (ITAT), Mumbai Bench while rescuing the NRI, Kamal Galani who is a holder of USD 3 Million in his swiss account held that a Swiss checking account was opened as “unaccounted earnings” within the palms of a person, who at that time of time was a non-resident. The assessee, Kamal […]

from Taxscan | Simplifying Tax Laws https://ift.tt/34g8tWW

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