https://www.taxtmi.com/caselaws?id=788201 Foreign bank deposits of a non-resident were held not taxable in India because the Revenue failed to prove that the amounts were received, accrued, or arose in India, or were otherwise within the charging provisions applicable to non-residents. The Court relied on concurrent factual findings that the deposits were in an overseas account and that the materials did not establish an Indian source or any sufficient nexus with taxable income in India. The addition was therefore unsustainable, and the Revenue's challenge failed. en-us Thu, 05 Mar 2026 00:00:00 +0530 Wed, 18 Mar 2026 08:20:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788201 Foreign bank deposits of a non-resident were held not taxable in India because the Revenue failed to prove that the amounts were received, accrued, or arose in India, or were otherwise within the charging provisions applicable to non-residents. The Court relied on concurrent factual findings that the deposits were in an overseas account and that the materials did not establish an Indian source or any sufficient nexus with taxable income in India. The addition was therefore unsustainable, and the Revenue's challenge failed. Case-Laws Income Tax Thu, 05 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788201