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
It Is Not The Duty Of The Tax Authorities To Direct How A Business Should Be Handled; ITAT Deletes Addition By AO On Account Of Low GP Rate
Appeal Against OrderIncome Tax
The ITAT deleted an addition made by the Assessing Officer on account of a low gross profit rate. The tribunal held that it is not the duty of tax authorities to direct how a business should be managed, emphasizing that business decisions and strategies are within the domain of management.
