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
← back
Must-Read
ITAT Rules Disallowance Under Section 14A Invalid Without Proper Satisfaction Recording
Income Tax
The ITAT ruled that disallowance under Section 14A is invalid if the Assessing Officer fails to record proper satisfaction before making adjustments. The case involving SICPA India clarified that the AO must justify why the taxpayer’s expenditure claim is inaccurate. The ruling emphasizes due process in tax assessments and safeguards against arbitrary disallowances, reinforcing procedural integrity under the Income Tax Act.
