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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

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

Case Laws     Income Tax

May 27, 2016

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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