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…
Client Code Modification Misuse: ITAT Restricts Additions To 1% As Broker Only Facilitated Trades
Update / Judgement Date
03 Oct 2025
Source
Author
Sakshi Bhardwaj — WCP Legal Desk
Reading Time
1 min read
The ITAT upheld CIT(A)’s decision restricting additions to 1% in a client code modification misuse case, noting the assessee acted merely as a broker. The ruling clarifies tax liability limits in securities transactions.