Addition u/s 41 - remission or cessation of liability proof - ...

Liability Not Sustainable u/s 41(1) If Shown in Books and Repaid Later by Assessee.

March 30, 2018

Case Laws Income Tax AT

Addition u/s 41 - remission or cessation of liability proof - when the assessee is showing the liability in the books of account and has repaid in the subsequent years then the addition under section 41(1) of the Act is not sustainable. - AT

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Addition u/s 41 - remission or cessation of liability proof - ...

Liability Not Sustainable u/s 41(1) If Shown in Books and Repaid Later by Assessee.

March 30, 2018

Case Laws Income Tax AT

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