Additions u/s 41(1) – If the assessee claims expenditure but ...

Section 41(1) of Income Tax Act: No Additions if Expenditure Claimed Leads to Unsettable Loss u/s 72.

January 15, 2014

Case Laws Income Tax AT

Additions u/s 41(1) – If the assessee claims expenditure but ultimately if there is a loss and such loss cannot be set off u/s 72 - section 41(1) of the Act cannot be invoked - AT

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Additions u/s 41(1) – If the assessee claims expenditure but ...

Section 41(1) of Income Tax Act: No Additions if Expenditure Claimed Leads to Unsettable Loss u/s 72.

January 15, 2014

Case Laws Income Tax AT

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