Additions u/s 41(1) - The liability remains and because under ...
Case Laws Income Tax
August 18, 2017
Additions u/s 41(1) - The liability remains and because under the scheme of the BIFR the principal sum was waived, the assessee has not enjoyed any actual benefit of remission of liability in the nature of trading. - claim of deduction in respect of the waiver of loan allowed - HC
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