Additions u/s 41 - the assessee had stopped its business and ...

Section 41 Additions Confirmed: Assessee's Unpaid Interest Liability Deemed Non-Genuine After Business Cessation.

May 26, 2017

Case Laws Income Tax AT

Additions u/s 41 - the assessee had stopped its business and liability is had been shown on account of interest payable for the last for many years which was not paid but claimed that expenses in the earlier years - Assesseee failed to prove the genuineness - additions confirmed - AT

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Additions u/s 41 - the assessee had stopped its business and ...

Section 41 Additions Confirmed: Assessee's Unpaid Interest Liability Deemed Non-Genuine After Business Cessation.

May 26, 2017

Case Laws Income Tax AT

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