Addition u/s 41(1) - it is undisputed fact that the remission of ...
Income Tax
January 30, 2016
Addition u/s 41(1) - it is undisputed fact that the remission of liability would be only of the amount payable and not of the amounts paid by the assessee. These amounts cannot be brought to tax, as the remission of liability, as there is no remission of liability of the amount already paid by the assessee. - AT
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