2026 (7) TMI 1031

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....tition No. 17465 of 2026 (T - IT) - -<br>Income Tax<br>HON&#39;BLE MR. JUSTICE B M SHYAM PRASAD For the Petitioner : Sri. M. V. Seshachala, Senior Advocate For Sri. Nagharish G.S.., Advocate For the Respondents : Sri. M. Thirumalesh, Advocate ORAL ORDER : The petitioner, a resident of Dubai, United Arab Emirates, has called in question the Assessment Order dated 24.03.2026 [Annexure - ....

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....creditworthiness of the creditors after issuance of notice under Section 131 of the IT Act, but in this case, the Revenue has not issued such notice. 3. Mr. M. V. Seshachala argues that the petitioner has disclosed the relationship with the creditors [her family members]. When queried on the family members' source of income, the learned Senior Counsel submits that the petitioner&#39;s represent....

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.... undisclosed. 5. The petitioner&#39;s request for interference with a decision on remand is considered examining whether the assessment must be with a notice under Section 131 of the IT Act to those who have made remittances to the petitioner&#39;s account to file their ITR and also with liberty to the petitioner to furnish her family members' ITR. The Apex Court in Commissioner of Income-tax V....