![No Error in Treating ₹122.31 Lakh Cash Deposits as Sales: Allahabad HC Backs AO’s Approach [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/500x300_2107186-deposit-allahabad-hc-taxscan.webp "No Error in Treating ₹122.31 Lakh Cash Deposits as Sales: Allahabad HC Backs AO’s Approach [Read Order]")
No Error in Treating ₹122.31 Lakh Cash Deposits as Sales: Allahabad HC Backs AO’s Approach [Read Order]
The Allahabad High Court held that the Assessing Officer (AO) had duly examined the ₹122.31 lakh cash deposits and taken a plausible view by...
![Company Cannot Utilise Private Placement Funds Before Filing Return of Allotment in E- Form PAS-3: MCA [Read Notification]](https://images.taxscan.in/h-upload/2025/11/21/250x150_2107114-mca-placement-e-form-pas-3-taxscan.webp "Company Cannot Utilise Private Placement Funds Before Filing Return of Allotment in E- Form PAS-3: MCA [Read Notification]")
![SBI could Not be Treated as an Assessee in Default for Non-deduction of TDS on LTC Payments: Kerala HC [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/250x150_2107039-sbi-treated-assessee-non-deduction-tds-ltc-payments-kerala-hc-txn.webp "SBI could Not be Treated as an Assessee in Default for Non-deduction of TDS on LTC Payments: Kerala HC [Read Order]")
Faceless Reassessment Mandatory for International Tax Cases: Bombay HC Quashes S.148 Notice Issued by Jurisdictional AO [Read Order]
The Bombay High Court has held that faceless reassessment is mandatory even in international tax cases, ruling that a reassessment notice under Section 148 issued by a Jurisdictional Assessing...
![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/2025/11/21/500x300_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 Borrower's Plea against Punjab National Bank's SARFAESI Sale Notice, Directs to avail SARFAESI Remedy [Read Order]
The Orissa High Court has dismissed a writ petition filed by a borrower against Punjab National Bank, stating that the High Court's writ jurisdiction under Article 226 cannot be invoked when an...
![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/2025/11/20/500x300_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]
In a recent ruling, the Supreme Court explained that Parliament may pass a new law to remove the basis of an earlier judgment, but it cannot bring back provisions that repeat the same...
![Supreme Court Strikes Down Key Provisions of Tribunals Reforms Act, 2021 for Violating Judicial Independence [Read Judgement]](https://images.taxscan.in/h-upload/2025/11/20/500x300_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]")