Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Income 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

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates