Sunday, 11 January, 2026
ITAT Rejects Binny Bansal’s Non-Resident Status Claim in Major Tax Ruling
The Income Tax Appellate Tribunal (ITAT) has rejected Flipkart co-founder Binny Bansal’s claim of being a non-resident Indian for a specific assessment year. The ruling centers on the duration of his stay in India and the nature of his professional engagements. Consequently, Bansal may face significant tax liabilities on global income.
Read full story at Economic Times