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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ITAT Rejects Revenue's Appeal Seeking To Make ₹63.21 Billion Addition To DLF's Income For AY 2017-18
Appeal Against OrderIncome Tax
ITAT rejected the revenue department's appeal seeking to add ₹6321 billion to DLF's income for AY 2017-18. The ITAT, as an appellate tribunal, found insufficient grounds in the revenue's appeal to justify such a massive addition to the real estate company's income. This ruling is a significant win for DLF, preventing a substantial tax liability. The specifics of the addition sought by the revenue were not mentioned in the title.
