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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Tax on Cash Deposits during Demonetization already filed under Other Sources: ITAT directs AO to Delete Addition u/s 115BBE
Income TaxOther Legal Matters
The ITAT has directed an AO to delete an addition, ruling that "tax on cash deposits during demonetization" was already filed under other sources. The tribunal's decision provides a significant victory for the taxpayer. The ruling clarifies that a tax authority cannot tax the same income twice.
