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
Non-mentioning of Specific Limb in Income Tax Notice and Assessment Order by AO: ITAT deletes Penalty u/s 271(1)(c)
Auditing and AssuranceIncome Tax
The ITAT has ruled that a penalty under section 271(1)(c) cannot be imposed if specific limbs are not mentioned in the income tax notice or assessment order. This decision underscores the need for clear and precise documentation in tax assessments. The ruling aims to ensure fairness in the imposition of penalties for non-compliance.
