NRI buys ₹79 lakh Mumbai flat using NRE funds, gets ‘unexplained cash’ tax notice; here's what happened next
· livemint.com
An NRI living in the US faced a tax notice for unexplained funds used to buy a Mumbai flat using funds from his NRE account. Here's what happened next.
A non-resident Indian (NRI) and US citizen, who has been living in America since April 2002, received an income tax notice over the source of funds used to purc...