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IT Dept issues Summons to NRIs for Foreign Assets, Residency Status Proof
The Income Tax Department of India has recently escalated its scrutiny of Non-Resident Indians (NRIs) by issuing summons requiring them to disclose...
![Section 56(2)(vii) not Applicable to Individual Receiving Sum from HUF as its Member: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Section-562vii-not-Applicable-to-Individual-Receiving-Sum-from-HUF-as-its-Member-ITAT-TAXSCAN.jpg "Section 56(2)(vii) not Applicable to Individual Receiving Sum from HUF as its Member: ITAT [Read Order]")
![Individual can’t be Assessed when Assessment is already carried out in the name of AOP: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Assessing-Officer-ITAT-Taxscan.jpg "Individual can’t be Assessed when Assessment is already carried out in the name of AOP: ITAT [Read Order]")