Addition u/s 41(1) - no deduction/allowance has been made in ...

Tax Liability Cessation Not Taxable if No Deduction Claimed: Section 41(1) Income Tax Act.

July 25, 2015

Case Laws Income Tax AT

Addition u/s 41(1) - no deduction/allowance has been made in respect of loss, exp/liability in the assessment year or in any earlier years, cessation of such liability cannot be taxed under section 41(1) of the Income Tax Act. - AT

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Addition u/s 41(1) - no deduction/allowance has been made in ...

Tax Liability Cessation Not Taxable if No Deduction Claimed: Section 41(1) Income Tax Act.

July 25, 2015

Case Laws Income Tax AT

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