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
Filing Form 67 Before Final Income Assessment is Sufficient Compliance: Madras HC Rules Rule 128...
Corporate ComplianceIncome Tax
The Madras High Court has ruled that "filing Form 67 before a final income assessment is sufficient compliance," holding that "Rule 128 is directory, not mandatory." The court's decision provides a significant victory for the taxpayer. The ruling clarifies that a tax authority cannot penalize a taxpayer for a delay that is for a valid reason. The court's decision is a crucial reminder to all that they must be diligent in their dealings.
