14-October-2026
Taxation
 
Man worked in South Korea and received salary in US dollars in NRE account, income tax department sent notice; ITAT Bangalore sets aside assessment and orders fresh review
13-Oct-2026

As a non-resident Indian are you liable to pay tax in India? In one such case, the Income Tax Appellate Tribunal (ITAT), Bangalore, has granted relief to an employee who received a tax notice over salary payments made by his foreign employer to his Non-Resident External (NRE) bank account in India.

News Source:- https://timesofindia.indiatimes.com/business/india-business/man-worked-in-south-korea-and-received-salary-in-us-dollars-in-nre-account-income-tax-department-sent-notice-itat-bangalore-sets-aside-assessment-and-orders-fresh-review/articleshow/134895954.cms
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org