Mr. Bussi, a resident of Georgia, USA, faced a tax notice from the Indian Income Tax Department after depositing ₹11 lakh (approximately $13,200 USD) in his parents' ICICI Bank account during the demonetisation period in November 2016. The funds were remitted to his parents through MoneyGram between 2014 and 2016. The tax department flagged the deposit as unexplained income, leading to a prolonged legal battle that lasted nearly six years. On April 8, 2026, the Income Tax Appellate Tribunal (ITAT) in Delhi ruled in Mr. Bussi's favor, stating that the cash deposit was likely sourced from his legitimate remittances. The tribunal emphasized that his elderly parents could not be expected to maintain detailed records of their finances. The ruling is significant for Non-Resident Indians (NRIs) as it reinforces that genuine remittances should not be classified as unexplained income without substantial evidence from tax authorities. Chartered Accountant Priyal Goel Jain noted that the decision underscores the need for tax authorities to demonstrate alternative undisclosed sources before invoking punitive measures.