Straight-line lease rental accounting change results in penalty quashed where disclosed accounts and bona fide arguable accounting interpretation exis...
Allocation of enhanced FSI/TDR proceeds between cooperative society and individual flat-owners; tribunal deletes society LTCG addition, remits 80P ver...
Constructive receipt of salary was held to occur at the place of employment, not at the point of deposit into an Indian NRE account, so salary credited to an NRE account does not constitute 'income received in India' under the governing provision and is not taxable in India on that basis; the tribunal applied the principle from Arvind Singh Chauhan that constructive receipt depends on when the assessee obtains control of funds (real or constructive), and the subsequent remittance or deposit into an Indian bank is an application of income, not its receipt in India.
Constructive receipt of salary was held to occur at the place of employment, not at the point of deposit into an Indian NRE account, so salary credited to an NRE account does not constitute 'income received in India' under the governing provision and is not taxable in India on that basis; the tribunal applied the principle from Arvind Singh Chauhan that constructive receipt depends on when the assessee obtains control of funds (real or constructive), and the subsequent remittance or deposit into an Indian bank is an application of income, not its receipt in India.
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