Additions u/s 41(1) towards written back of liabilities - ...

Section 41(1) Review: Assessee Given Chance to Prove Exemption Claim on Liability Write-Back with Evidence.

October 5, 2023

Case Laws Income Tax AT

Additions u/s 41(1) towards written back of liabilities - capital or revenue in nature - CIT(A) had also called for the details but assessee did not respond to the same. However, in the interest of justice and fair play, we find it proper to afford an opportunity to the assessee to substantiate its claim of exemption in respect of write back of its liabilities by adducing all the relevant documentary evidence and explanation - AT

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Additions u/s 41(1) towards written back of liabilities - ...

Section 41(1) Review: Assessee Given Chance to Prove Exemption Claim on Liability Write-Back with Evidence.

October 5, 2023

Case Laws Income Tax AT

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