Provisions of section 41(1) are clearly applicable when it is ...
Section 41(1) Addresses Liabilities: Applicability When Reported Liabilities by Assessee Are Found Non-Existent.
September 14, 2015
Case Laws Income Tax AT
Provisions of section 41(1) are clearly applicable when it is established that the said liabilities as shown by the assessee actually ceased to exist in the year under consideration itself. - AT
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