FCNR deposits -

Dubai-based woman invests 3.41 crore in FCNR deposits along with husband, gets tax notice for unexplained money; ITAT gives relief saying bank confirmed source and AO mistook yen for rupees

ITAT Jaipur identified a significant error in the AO’s assessment. (Image for representative purpose only) Indians based globally and investing in India can in some cases face tax notices for…