New Delhi, July 23 -- Can salary earned overseas become taxable in India simply because it is credited to a Non-Resident External (NRE) account or because tax has been deducted using an Indian Tax Deduction and Collection Account Number (TAN)? The Income Tax Appellate Tribunal (ITAT), Ahmedabad, has answered this in the negative while granting relief to a non-resident Indian (NRI).

The Tribunal set aside revision proceedings initiated under Section 263 of the Income-tax Act against taxpayer Pralay Pradyotkanti Ghosh, holding that the tax department cannot reopen a completed assessment merely because it holds a different view from the Assessing Officer (AO), provided the AO had conducted proper enquiries.

For Assessment Year 2016-17, Gho...