TMI BlogIncome Tax Act Section 41(1) Upheld: Sundry Creditors Addition Confirmed Due to Unverified Parties and No Repayment Efforts.Addition of Sundry Creditors u/s 41(1) - Appellant could not get the confirmation of the parties - expenses which have not been paid for the last six years - expenses wherein not even a single creditor had demanded the money back nor the assessee made any attempt to repay the same - Addition confirmed - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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