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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Addition u/s 41 - remission or cessation of liability proof - ...

Case Laws     Income Tax

March 30, 2018

Addition u/s 41 - remission or cessation of liability proof - when the assessee is showing the liability in the books of account and has repaid in the subsequent years then the addition under section 41(1) of the Act is not sustainable. - AT

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