Indian in Kuwait sent Rs 1.09cr, no ITR; ITAT deletes Rs 5.52L, checks Rs 2.5cr
An Indian expatriate working in Kuwait faced an income tax notice after failing to file returns despite significant financial transactions in Indian bank accounts. The ITAT intervened to delete a portion of the tax demand while the taxpayer struggled to provide full documentation.
Why it matters
This case underscores the increasing scrutiny of international financial transactions by tax authorities and the importance of compliance for non-resident citizens.
An Indian working in Kuwait and originally from Ahmedabad received an income tax notice after he failed to file an Income Tax Return (ITR), despite remitting more than a crore to his bank accounts in India.The man had moved to Kuwait to work in the oilfields at Mina Al-Ahmadi and had been earning a decent salary. While there, he purchased an insurance policy in India and began sending money to his family back home.His salary was credited to his account with the National Bank of Kuwait, from where he transferred funds to his ICICI and HDFC Bank accounts in India, including NRE and NRO accounts.
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