Addition on account of cessation of liability u/s 41(1) - merely ...

Section 41(1) Income Tax Act: Untraceable Creditor Doesn't Justify Liability Cessation, Verification Alone Insufficient.

May 27, 2016

Case Laws Income Tax HC

Addition on account of cessation of liability u/s 41(1) - merely because the creditor could not be traced on the date when the verification was made, same is not a ground to conclude that there was cessation of the liability - HC

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Addition on account of cessation of liability u/s 41(1) - merely ...

Section 41(1) Income Tax Act: Untraceable Creditor Doesn't Justify Liability Cessation, Verification Alone Insufficient.

May 27, 2016

Case Laws Income Tax HC

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