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
Penalty u/s 271(1)(c) Unjustified on Ad-Hoc Estimated Income: ITAT
Appeal Against OrderIncome Tax
The ITAT ruled that a penalty under Section 271(1)(c) is unjustified on ad hoc estimated income. This clarifies the rules regarding penalties for concealment of income and emphasizes the need for proper justification before imposing penalties.
