NRI Status Denied: Binny Bansal's Tax Exemption Claim Rejected by ITAT

• ITAT Bengaluru ruled Flipkart co-founder Binny Bansal an Indian tax resident for FY 2019–20, rejecting his NRI status claim despite relocating to Singapore.
• The decision upholds a ₹162.54 crore tax demand on capital gains from his share sale, citing failure to meet the 182-day stay requirement and strong ties to India.
• Binny Bansal spent 141 days in India during 2019–20; the tribunal noted the alternative 60+365-day test for residency.
• He was denied DTAA benefits as he was not a resident of Singapore, a prerequisite for invoking the India-Singapore Double Taxation Avoidance Agreement.
• Karnataka High Court ruled RTI cannot be used by a spouse to obtain the other's Income Tax Returns, as it's 'personal information' under Section 8(1)(j) of the RTI Act.