Sum received as written off amount – Cessation of liability or ...

Unpaid Deposit Balance Isn't Income, Assessee Not Tax Liable for It Under Tax Law.

October 29, 2014

Case Laws Income Tax HC

Sum received as written off amount – Cessation of liability or not - the balance amount of deposit which was not repaid under the arrangement, did not constitute an income and therefore, the assessee is not liable to pay any tax under the context - HC

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Sum received as written off amount – Cessation of liability or ...

Unpaid Deposit Balance Isn't Income, Assessee Not Tax Liable for It Under Tax Law.

October 29, 2014

Case Laws Income Tax HC

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