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 Sets Aside Rs.22.39 Lakh Addition, Validates Senior Citizen’s Demonetization Deposits
The ITAT has set aside a ₹1 lakh addition, validating a senior citizen's demonetization deposits. The tribunal recognized the need for considering the circumstances of the case. This decision protects taxpayers from arbitrary additions. The ruling clarifies the treatment of demonetization deposits. This is regarding tax law.