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US-Based NRI Wins ₹11.18 Lakh Cash Deposit Case at ITAT Delhi

A US-based NRI won relief in an NRI cash deposit tax case in India after the Delhi bench of the Income Tax Appellate Tribunal accepted that ₹11.18 lakh deposited during demonetisation came from earlier overseas remittances intended to support his parents. In an order pronounced on Wednesday, April 8, 2026, in Arun Bussi v. ACIT, the tribunal directed the deletion of the tax addition for assessment year 2017-18. The

NRI News

27 Jun 2026 09:05 AM 7 views

US-Based NRI Wins ₹11.18 Lakh Cash Deposit Case at ITAT Delhi

A US-based NRI won relief in an NRI cash deposit tax case in India after the Delhi bench of the Income Tax Appellate Tribunal accepted that ₹11.18 lakh deposited during demonetisation came from earlier overseas remittances intended to support his parents. In an order pronounced on Wednesday, April 8, 2026, in Arun Bussi v. ACIT, the tribunal directed the deletion of the tax addition for assessment year 2017-18. The

NRI News

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#cashdeposit

US-Based NRI Wins ₹11.18 Lakh Cash Deposit Case at ITAT Delhi

US-Based NRI Wins ₹11.18 Lakh Cash Deposit Case at ITAT Delhi

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Wrong-way crash on Dallas North Tollway leaves one dead, several injured

Diversity, Equity, and Inclusion: Strategies for Building an Inclusive Workplace

San Ramon Students Win Big at Global Innovation Contest

India’s Spin Dominance Secures 44-Run Win Over New Zealand in Champions Trophy 2025

Andhra Pradesh's Road Infrastructure Transformation: A Renewed Commitment Post-TDP Comeback

Global leaders extend Republic Day greetings as India marks 77 years as a republic

Pawan Khera Targets Tharoor Over Strike Remarks

Top Destinations for Adventure Travel

Macy’s Thanksgiving Day Parade launches with new balloons and strong winds in NYC

Jaishankar and Rubio discuss West Asia conflict and energy security concerns

#cashdeposit

US-Based NRI Wins ₹11.18 Lakh Cash Deposit Case at ITAT Delhi

US-Based NRI Wins ₹11.18 Lakh Cash Deposit Case at ITAT Delhi

Wrong-way crash on Dallas North Tollway leaves one dead, several injured

Diversity, Equity, and Inclusion: Strategies for Building an Inclusive Workplace

San Ramon Students Win Big at Global Innovation Contest

India’s Spin Dominance Secures 44-Run Win Over New Zealand in Champions Trophy 2025

Andhra Pradesh's Road Infrastructure Transformation: A Renewed Commitment Post-TDP Comeback

Global leaders extend Republic Day greetings as India marks 77 years as a republic

Pawan Khera Targets Tharoor Over Strike Remarks

Top Destinations for Adventure Travel

Macy’s Thanksgiving Day Parade launches with new balloons and strong winds in NYC

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