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…
₹26.35 Lakh Addition on Cash Deposits during Demonetization: ITAT Orders Deletion
The ITAT ordered the deletion of an addition on cash deposits during demonetization. This decision clarifies the tax treatment of cash deposits during a specific period. It protects taxpayers from undue tax burdens. The ruling provides clarity on tax assessments.