Outstanding creditors - cessation/ remission of liability u/s ...
Creditors' Liabilities u/s 41(1): No Payments Made, Creditors Reintroduce Own Money Leading to Confirmed Additions.
February 27, 2019
Case Laws Income Tax AT
Outstanding creditors - cessation/ remission of liability u/s 41(1) - no amount stands paid to the creditors – they were introducing their own money - additions confirmed.
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