CBIC Announces Farewell Meeting for Chairman and Senior Members
The Central Board of Indirect Taxes and Customs ( CBIC ) has announced that it will hold a farewell function for its top officials who are retiring...
![Faceless Reassessment Mandatory for International Tax Cases: Bombay HC Quashes S.148 Notice Issued by Jurisdictional AO [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/250x150_2107002-faceless-reassessment-taxscan.webp "Faceless Reassessment Mandatory for International Tax Cases: Bombay HC Quashes S.148 Notice Issued by Jurisdictional AO [Read Order]")
![Orissa HC Dismisses Borrowers Plea against Punjab National Banks SARFAESI Sale Notice, Directs to avail SARFAESI Remedy [Read Order]](https://images.taxscan.in/h-upload/2025/11/20/250x150_2106922-orissa-hc-dismisses-borrower-plea-punjab-national-bank-sarfaesi-sale-notice-directs-sarfaesi-remedy-txn.webp "Orissa HC Dismisses Borrowers Plea against Punjab National Banks SARFAESI Sale Notice, Directs to avail SARFAESI Remedy [Read Order]")
![Supreme Court Strikes Down Key Provisions of Tribunals Reforms Act, 2021 for Violating Judicial Independence [Read Judgement]](https://images.taxscan.in/h-upload/2025/11/20/250x150_2106853-tribunal-reform-act.webp "Supreme Court Strikes Down Key Provisions of Tribunals Reforms Act, 2021 for Violating Judicial Independence [Read Judgement]")
![Gujarat HC Approves Revised E-Auction of Mahendra Mills Assets at Reduced Price [Read Order]](https://images.taxscan.in/h-upload/2025/11/20/500x300_2106856-gujarat-high-court-e-aution-mahendra-mills-taxscan.webp "Gujarat HC Approves Revised E-Auction of Mahendra Mills Assets at Reduced Price [Read Order]")
Supreme Court Admits Parle Agro’s Appeal against Chhattisgarh HC Ruling Classifying ‘Frooti’ as Non-Alcoholic Beverage [Read Order]
The Supreme Court has granted leave in challenge to the Chhattisgarh High Court judgment that classified “Frooti” under Entry 14 of Schedule-II of the Chhattisgarh Entry Tax Act, 1976 as a...
![Supreme Court Admits Parle Agro’s Appeal against Chhattisgarh HC Ruling Classifying ‘Frooti’ as Non-Alcoholic Beverage [Read Order]](https://images.taxscan.in/h-upload/2025/11/20/500x300_2106871-parle-agro-taxscan.webp "Supreme Court Admits Parle Agro’s Appeal against Chhattisgarh HC Ruling Classifying ‘Frooti’ as Non-Alcoholic Beverage [Read Order]")
5.3 Cr Pending Cases & 219 Working Days: Supreme Court’s 2026 Calendar Sparks Debate on Efficiency & Judicial Vacancies [Read Order]
The Supreme Court of India has published its official 2026 working calendar, detailing the complete list of court holidays, vacations, restricted holidays, and new partial working days. As per the...
![5.3 Cr Pending Cases & 219 Working Days: Supreme Court’s 2026 Calendar Sparks Debate on Efficiency & Judicial Vacancies [Read Order]](https://images.taxscan.in/h-upload/2025/11/20/500x300_2106897-pending-cases-supreme-court-calendar-sparks-debate-efficiency-judicial-vacancies-txn.webp "5.3 Cr Pending Cases & 219 Working Days: Supreme Court’s 2026 Calendar Sparks Debate on Efficiency & Judicial Vacancies [Read Order]")
"Alternative Remedy Available": Orissa HC Refuses to Interfere in Bank of India's SARFAESI Action [Read Order]
The Orissa High Court has dismissed a writ petition filed by borrowers against Bank of India, reiterating that the High Court's writ jurisdiction under Article 226 cannot be invoked when an...
![Alternative Remedy Available: Orissa HC Refuses to Interfere in Bank of Indias SARFAESI Action [Read Order]](https://images.taxscan.in/h-upload/2025/11/20/500x300_2106864-sarfaesi-act-taxscan-1.webp "Alternative Remedy Available: Orissa HC Refuses to Interfere in Bank of Indias SARFAESI Action [Read Order]")
Time-Barred Audit Visit Report Vitiates Entire Proceeding: Orissa HC Sets Aside OVAT Assessment on Indian Oil Adani Ventures [Read Order]
The Orissa High Court held that an Audit Visit Report submitted beyond the statutory seven day period prescribed under the Odisha Value Added Tax Act, 2004 vitiates the entire assessment...
![Time-Barred Audit Visit Report Vitiates Entire Proceeding: Orissa HC Sets Aside OVAT Assessment on Indian Oil Adani Ventures [Read Order]](https://images.taxscan.in/h-upload/2025/11/19/500x300_2106532-orissa-high-court-indian-oil-audit-visit-report-ovat-assessment-adani-ventures-taxscan.webp "Time-Barred Audit Visit Report Vitiates Entire Proceeding: Orissa HC Sets Aside OVAT Assessment on Indian Oil Adani Ventures [Read Order]")
SEBI amends Listing and Disclosure Requirements, New Schedule Inserted for Material Related Party Transactions [Read Notification]
The Securities and Exchange Board of India ( SEBI ) has notified the Listing Obligations and Disclosure Requirements (Fifth Amendment) Regulations, 2025, inserting a new schedule for Related...
![SEBI amends Listing and Disclosure Requirements, New Schedule Inserted for Material Related Party Transactions [Read Notification]](https://images.taxscan.in/h-upload/2025/11/20/500x300_2106837-sebi-taxscan.webp "SEBI amends Listing and Disclosure Requirements, New Schedule Inserted for Material Related Party Transactions [Read Notification]")
Hindu Undivided Family (HUF): An Analysis of Structure, Taxation, and Compliance under the Income Tax Act, 1961
I. Statutory and Operational Foundation of the HUF A. Defining the Hindu Undivided Family (HUF) The Hindu Undivided Family (HUF) constitutes a distinct and unique legal entity within the...
