NRI’s Dubai life insurance payout triggered ₹40 lakh tax dispute, why ITAT ruled in his favour
An NRI who bought a life insurance policy in Dubai while working there won a ₹40 lakh tax dispute after the ITAT ruled that the policy was not an undisclosed foreign asset.
The News Flicker
An NRI who bought a life insurance policy in Dubai while working there won a ₹40 lakh tax dispute after the ITAT ruled that the policy was not an undisclosed foreign asset.
An Indian resident who bought a life insurance policy while working in Dubai has won a tax dispute after the Income Tax Appellate Tribunal ruled that the maturity proceeds could not be treated as und…
Originally published by Livemint. Read the full article →
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