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![Should You Form HUF for Tax Planning? Pros, Cons & Eligibility [Q&A]](https://images.taxscan.in/h-upload/2025/12/01/500x300_2109143-huf-hindu-undivided-family-taxscan.webp "Should You Form HUF for Tax Planning? Pros, Cons & Eligibility [Q&A]")
Should You Form HUF for Tax Planning? Pros, Cons & Eligibility [Q&A]
In recent years, tax planning has become tougher. The government has tightened many traditional tax-saving routes, reduced exemptions, and pushed...
![Legitimate Tax Planning to minimise the Income Tax liability not illegal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/Legitimate-Tax-planning-Income-Tax-liability-ITAT-Taxscan.jpg "Legitimate Tax Planning to minimise the Income Tax liability not illegal: ITAT [Read Order]")
Every form of Tax planning cannot be viewed with disfavour unless the Genuineness of the Transaction is demolished: ITAT Mumbai [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal recently opined that the officers cannot disapprove every form of tax planning unless the genuineness of the transaction is not proved. The...
![Every form of Tax planning cannot be viewed with disfavour unless the Genuineness of the Transaction is demolished: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Every form of Tax planning cannot be viewed with disfavour unless the Genuineness of the Transaction is demolished: ITAT Mumbai [Read Order]")