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…
Declaration of Income as Less than that made in Survey under Presumptive Scheme u/s 44D: ITAT deletes Addition
The ITAT deleted an addition of income under the presumptive scheme, noting that the declared income was less than that made in a survey. The tribunal ruled that the addition was unjustified and upheld the taxpayer’s declaration.