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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Addition as cessation of liability u/s 41(1) - There is no ...

Case Laws     Income Tax

November 13, 2018

Addition as cessation of liability u/s 41(1) - There is no finding by the AO that the purchases were bogus and corresponding sales are also bogus - no corroborative evidence brought on record to make addition - No additions.

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