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…
‘Act of God’ Beats ‘Act of Law’: ITAT Cites Kerala Floods as Valid Reason for Belated ITR, Kozhikode Co-op Society Wins 80P Deduction
The ITAT has ruled that an "Act of God beats an Act of Law" and has cited the "Kerala floods" as a "valid reason for a belated ITR," allowing a Kozhikode Co-op Society to win an 80P deduction. The tribunal's decision provides a significant victory for the taxpayer. The ruling clarifies that a taxpayer cannot be penalized for a delay that is beyond their control.