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
Interest Expenditure incurred for Earning Income Chargeable under “Income from Business and
Financial ManagementIncome Tax
The Income Tax Appellate Tribunal (ITAT) ruled that interest expenditure incurred for earning income chargeable under "Income from Business and Profession" is eligible for deduction under Section 36(1)(iii) of the Income Tax Act.
