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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Disallowance of INR 17.95 Lakh Royalty Expenses: ITAT Deletes Addition Applying Consistency...
Income TaxOther Legal Matters
The ITAT has deleted an addition of a "₹17.95 lakh royalty expense," applying the "consistency principle." The tribunal's decision provides a significant victory for the taxpayer. The ruling clarifies that a tax authority cannot disallow an expense if the taxpayer has consistently claimed it as a deduction in previous years. This is a crucial precedent for other cases involving tax disputes.
