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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Informative
Lack of Evidence in proving Unexplained Investment u/s 69 of IT Act: ITAT deletes Addition
Income Tax
The Income Tax Appellate Tribunal (ITAT) has ruled that there was insufficient evidence to substantiate the addition of unexplained investments under Section 69 of the Income Tax Act. The decision underscores the importance of clear and substantial evidence in tax assessments and emphasizes the need for proper documentation to support tax claims.
