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Income Tax - Highlights / Catch Notes

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Addition u/s 41(1) - Although, enforcement of a debt being ...


High Court: Expired Limitation Period Doesn't Erase Liability u/s 41(1) of Income Tax Act.

May 29, 2013

Case Laws     Income Tax     HC

Addition u/s 41(1) - Although, enforcement of a debt being barred by limitation does not ipso facto lead to the conclusion that there is cessation or remission of liability - HC

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