NRI’s Dubai life insurance payout triggered ₹40 lakh tax dispute, why ITAT ruled in his favour
· livemint.com
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 maturi...