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
CR-Short Term Deposit Interest; ITAT Remands To AO To Verify Capital Vs Revenue Treatment
Appeal Against OrderIncome Tax
ITAT remanded the matter to AO to verify whether interest from short-term deposits should be treated as capital or revenue in nature, ensuring correct computation of taxable income.
