Funds remitted from HK to NRE account with FIRC evidence. Tribunal: Source outside India proved, no Indian income/business link. AO's addition deleted.

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....Non-resident assessee remitted funds from Hong Kong bank account to NRE account in India, submitted Foreign Inward Remittance Certificate. Tribunal held assessee discharged onus regarding source of funds being outside India, residential status not disputed, no allegation of Indian income or business connection. Addition by assessing officer deleted, appeal allowed.....