Deemed income – Section-41(1)(a) -expiry of period of limitation ...

Section 41(1)(a) Income Tax Act: Debt Validity Maintained After Limitation Period Expiration, Affects Tax Treatment.

April 28, 2012

Case Laws Income Tax HC

Deemed income – Section-41(1)(a) -expiry of period of limitation did not extinguish the debt but only prevented the creditor from enforcing the debt - HC

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Deemed income – Section-41(1)(a) -expiry of period of limitation ...

Section 41(1)(a) Income Tax Act: Debt Validity Maintained After Limitation Period Expiration, Affects Tax Treatment.

April 28, 2012

Case Laws Income Tax HC

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