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
ITAT deletes Addition of Rs. 25 Lakh as Unexplained Cash Credits, Finds Loan from Promoters Genuine
Income TaxOther Legal Matters
The ITAT deleted an addition of unexplained cash credits, finding a loan from promoters to be genuine. This decision highlights the importance of proper documentation for financial transactions. It emphasizes the need for assessing officers to conduct thorough investigations before making additions to income.
