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…
‘No Incriminating Evidence in Search Proceedings’: ITAT Quashes Assessment Order
ITAT quashed an assessment order framed solely based on search proceedings without any incriminating evidence. The ruling reiterates that search assessments require concrete evidence of undisclosed income, not mere suspicion. This protects taxpayers from arbitrary post-search tax demands.