Delhi High Court Dismisses Plea Against Reassessment; Rules AO Must Verify NRI Status and RBI Permissions for NRE Accounts

The High Court of Delhi has dismissed a writ petition filed by an individual challenging the initiation of reassessment proceedings for the Assessment Year (AY) 2018-19. The Division Bench, comprising Justice V. Kameswar Rao and Justice Vinod Kumar, observed that the Assessing Officer (AO) is the appropriate authority to verify claims regarding tax exemptions, NRI

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