Addition under sec.41(1) on account of cessation of liability - ...

Section 41(1) Addition: Assessee Fails to Prove Creditor Genuineness, Liability Cessation Confirmed.

January 6, 2016

Case Laws Income Tax AT

Addition under sec.41(1) on account of cessation of liability - assessee has no explanation to prove that the creditors in its books of account are genuine - additions confirmed - AT

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Addition under sec.41(1) on account of cessation of liability - ...

Section 41(1) Addition: Assessee Fails to Prove Creditor Genuineness, Liability Cessation Confirmed.

January 6, 2016

Case Laws Income Tax AT

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