Cessation of liability in respect to trade creditors - This is ...

Trade Creditors' Non-Genuine Debt: No Remedy or Addition Under Income Tax Act's Section 41(1.

June 29, 2015

Case Laws Income Tax AT

Cessation of liability in respect to trade creditors - This is one of the strange cases where even if the debt itself is found to be non-genuine from the very inception, at least in terms of section 41(1) of the Act there is no cure for it - No addition - AT

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Cessation of liability in respect to trade creditors - This is ...

Trade Creditors' Non-Genuine Debt: No Remedy or Addition Under Income Tax Act's Section 41(1.

June 29, 2015

Case Laws Income Tax AT

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