https://www.taxtmi.com/caselaws?id=365248 The High Court ruled in favor of the legal heirs of the deceased individual, holding that the income earned by the deceased individual, a non-resident, for services rendered outside India and received in a Non-Resident (external) bank account should not be included in his taxable income. The Court emphasized that the income should not be taxed merely because it was remitted to an NRE account in India, citing legal precedents and a Circular issued by the Ministry of Finance. The decision overturned the Assessing Officer's inclusion of the sum in the deceased's taxable income for the relevant assessment year. en-us Fri, 13 Jul 2018 00:00:00 +0530 Mon, 13 Aug 2018 06:12:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365248 The High Court ruled in favor of the legal heirs of the deceased individual, holding that the income earned by the deceased individual, a non-resident, for services rendered outside India and received in a Non-Resident (external) bank account should not be included in his taxable income. The Court emphasized that the income should not be taxed merely because it was remitted to an NRE account in India, citing legal precedents and a Circular issued by the Ministry of Finance. The decision overturned the Assessing Officer's inclusion of the sum in the deceased's taxable income for the relevant assessment year. Case-Laws Income Tax Fri, 13 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365248