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Dubai NRI’s 3.41 crore FCNR deposits get tax notice; ITAT spots yen-rupee error

viaTimes of India17 Oct
Dubai NRI’s 3.41 crore FCNR deposits get tax notice; ITAT spots yen-rupee error
A woman, who originally hails from Beawar, and now resides in Dubai, United Arab Emirates (UAE), decided to put money into investments in India. She along with her husband invested Rs 3.41 crore in two Foreign Currency Non-Resident (FCNR) term deposits. The husband’s name appeared as the first…

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