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…
ITAT Dismisses Revenue’s Appeal, Rules S.14A Disallowance Not Applicable to Oriental Insurance
ITAT dismissed the revenue's appeal against Oriental Insurance, ruling that Section 14A disallowance is not applicable. This decision clarifies the applicability of Section 14A disallowance. It underscores the importance of accurate legal interpretation. This ruling reflects the tribunal's emphasis on legal principles. It emphasizes the need for clear guidelines. The dismissal aims to prevent incorrect disallowances.