{"id":6067,"date":"2019-07-13T10:42:08","date_gmt":"2019-07-13T10:42:08","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-binod-kumar-singh-bom-hc-www-itatonline-org\/"},"modified":"2020-10-10T12:17:32","modified_gmt":"2020-10-10T12:17:32","slug":"pcit-v-binod-kumar-singh-bom-hc-www-itatonline-org","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-binod-kumar-singh-bom-hc-www-itatonline-org\/","title":{"rendered":"PCIT v. Binod Kumar Singh ( 2019) 178 DTR 49  \/ 264 Taxman 335\/ 310 CTR 243 \/( 2020) 423 ITR  175  (Bom.)(HC), www.itatonline.org"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that\u00a0 if the assessee is non\u2013resident amount found deposited in a foreign\u00a0 bank is not taxable in India either u\/s. 68 or u\/s. 69 of the Act. Period of 182 days to be considered for calculating residential status of a person migrated to Foreign Country. Residential status was regarded as \u2018not an ordinary resident \u2018.(ITA No. 107 of 2017, dt. 22.04.2019) (AY. 2006 -07)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 68 : Cash credits\u2013Non\u2013Resident\u2013I Not an ordinary resident -if the assessee is non\u2013resident amount found deposited in a foreign  bank is not taxable in India either u\/s 68 or u\/s 69 of the Act.  Period of 182 days to be considered for calculating residential status of a person migrated to Foreign Country [S. 6(6),  69]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6067","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1zR","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=6067"}],"version-history":[{"count":5,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6067\/revisions"}],"predecessor-version":[{"id":12904,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6067\/revisions\/12904"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=6067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=6067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=6067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}