1989 (12) TMI 29

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Tax
Business
Judge(s) : C. L. CHAUDHARY., B. N. KIRPAL JUDGMENT The judgment of the court was delivered by KIRPAL J.-After hearing counsel for the parties, we direct the Tribunal to state th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the trade creditor recovering the sums due from the assessee from the broker who wrote off the dues in his books does not amount to cessation of liability in the hands of the assessee within the purv .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X