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Income Tax - Highlights / Catch Notes

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Addition made u/s 41(1) - Cessation of Liability u/s 41(1) - ...

Case Laws     Income Tax

November 15, 2022

Addition made u/s 41(1) - Cessation of Liability u/s 41(1) - assessee has never claimed these expenses in its return of income - when no claim has been made by the assessee for the allowance of these expenses that the disallowance so made by the Ld. AO is not warranted and it is directed that the same be deleted. - AT

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