Addition u/s 41 - no allowance or deduction had been made in the ...

Court Rules Section 41(1) Cannot Be Invoked Without Prior Allowance or Deduction in Taxpayer's Assessment.

June 6, 2013

Case Laws Income Tax HC

Addition u/s 41 - no allowance or deduction had been made in the assessment of the assessee in any earlier year - Consequently, there is no question of invoking section 41(1) - HC

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Addition u/s 41 - no allowance or deduction had been made in the ...

Court Rules Section 41(1) Cannot Be Invoked Without Prior Allowance or Deduction in Taxpayer's Assessment.

June 6, 2013

Case Laws Income Tax HC

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