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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Relief to Pfizer: Bombay HC Quashes Reopening of Assessment on Promotional Expenses, Terms It Change of Opinion
Appeal Against OrderIncome Tax
The Bombay High Court granted relief to Pfizer by quashing the reopening of an income tax assessment on promotional expenses, terming it a mere change of opinion by the Assessing Officer. The court held that reopening an assessment based solely on a different interpretation of facts or law, without any fresh tangible material, is not permissible under the Income Tax Act.
