Dr. Atul T Patel v. DCIT
108 Taxmann.com 227Reported decision2019#2755 most cited
What is Dr. Atul T Patel v. DCIT authority for?
The settlor of foreign bank accounts has the onus to explain investments not accounted for or disclosed to revenue authorities. A bald statement without supporting evidence is insufficient to discharge this onus.
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judgments rely on this decision, according to BharatTax’s citation analysis of 366,314 Indian tax judgments — from 2024 to 2024.
Also referred to as
Dr. Atul T Patel v. DCIT · undisclosed foreign income · unexplained investments · foreign bank accounts · settlor's onus · explanation of investments · revenue authorities · unaccounted investments · disclosure to revenue · bald statement without evidence