Bequest credited to bank a/c in Sri Lanka couldn't be treated as income if its transfer request to India was pending

INCOME TAX: Where reopening notice was issued against assessee on ground that assessee had not recognised income on account of UK based bequest received by it in its Sri Lanka based bank account, since impugned sum was lying in treasury of bank at Sri Lanka and assessee's request seeking its transfer to India was pending till date, such bequest received by assessee at Sri Lanka could not be recognized as income of assessee, thus, impugned reopening was unjustified

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