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 Orders Reassessment in ₹1.8 Cr Capital Gains Case, directs AO to Review E-Notices and Deductions u/s 54 of Income Tax Act
The ITAT ordered reassessment in a capital gains case, directing the AO to review e-notices and deductions under the Income Tax Act. This order emphasizes the importance of proper assessment procedures. It ensures that taxpayers are given due opportunity to explain their income and claim eligible deductions. This decision reinforces fair tax administration.