https://www.taxtmi.com/caselaws?id=779436 HC held that reopening assessment and issuance of notice under s.148, and order under s.148A(d), were unjustified. Petitioner, an NRI resident of Uganda and managing partner abroad, explained source as transfers from overseas savings to NRE accounts and produced a Ugandan tax residency certificate. Income in the NRE account was found to be exempt under s.10(4)(ii) and thus not chargeable in India; there was no escapement of income. Matter decided in favour of the assessee. en-us Mon, 15 Sep 2025 00:00:00 +0530 Mon, 06 Oct 2025 09:10:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779436 HC held that reopening assessment and issuance of notice under s.148, and order under s.148A(d), were unjustified. Petitioner, an NRI resident of Uganda and managing partner abroad, explained source as transfers from overseas savings to NRE accounts and produced a Ugandan tax residency certificate. Income in the NRE account was found to be exempt under s.10(4)(ii) and thus not chargeable in India; there was no escapement of income. Matter decided in favour of the assessee. Case-Laws Income Tax Mon, 15 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779436