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 quashes PCIT Directions on TDS under Section 194J and Closing Stock Valuation
The ITAT quashed the PCIT’s directions under Section 263 regarding TDS under Section 194J and closing stock valuation. It ruled that the Assessing Officer had already conducted necessary inquiries, and hence, revision was unwarranted.