Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
10% Estimated Depreciation Claim on Property Registration Charges & Stamp Duty: ITAT remands for de novo
Appeal Against OrderIncome Tax
The ITAT has remanded a case for de novo income tax assessment regarding an estimated depreciation claim on property registration charges and stamp duty. The tribunal directed a fresh assessment to accurately determine the allowable depreciation. This decision ensures that tax assessments are based on accurate and detailed calculations.
