Addition u/s 41(1) - sundry creditors pending for more than ...

AO's Addition u/s 41(1) Overturned Due to Lack of Inquiry on Long-Pending Sundry Creditors Liabilities.

August 12, 2019

Case Laws Income Tax AT

Addition u/s 41(1) - sundry creditors pending for more than three years - AO neither made any enquiry or brought any material on record to demonstrate that the liability relating to the concerned creditors have ceased to exist in terms with the conditions prescribed under section 41(1) - no addition

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Addition u/s 41(1) - sundry creditors pending for more than ...

AO's Addition u/s 41(1) Overturned Due to Lack of Inquiry on Long-Pending Sundry Creditors Liabilities.

August 12, 2019

Case Laws Income Tax AT

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