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2013 (7) TMI 292 - HC - Income TaxCessation of liability - addition u/s 41(1) - Held that:- The question raised by the Revenue in this appeal essentially and predominantly is based on the facts and when CIT and Tribunal found from the material on record absence of remission or cessation of liability as contemplated under section 41 of the Income-tax Act as also absence of material to indicate deriving of any benefit in cash or otherwise by the assessee, no question of law arises for our consideration - Decided in favour of Assessee.
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