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…
Unexplained Cash Deposit Addition made after deducting withdrawals: Rajasthan HC confirms Penalty u/s 271
The Rajasthan High Court has upheld a penalty for unexplained cash deposits after deducting withdrawals. The court confirmed the imposition of penalties under Section 271 of the Income Tax Act, reinforcing the importance of clear documentation and compliance in tax matters.