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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Cash Deposits Claimed from Building Material Business: ITAT Directs AO to Verify as Assessee Could...
Income TaxOther Legal Matters
The ITAT has directed an Assessing Officer (AO) to "verify cash deposits claimed from a building material business" as the "assessee could not substantiate turnover beyond returns." The tribunal's decision, which is a significant victory for the government, was made on the grounds that the company's claim was not supported by evidence. The ruling clarifies that a company can be held responsible for the misdeeds of another person.
