Cessation of loan liability - Addition u/s 28 - at no point of ...

Income Tax

October 3, 2019

Cessation of loan liability - Addition u/s 28 - at no point of time before the authorities under the Act, was it the Revenue’s case that the waiver of loan should be brought to tax u/s 28 (iv) of the Act. No such claim was made either as a principal submission or even in the alternative - No additions.

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Cessation of loan liability - Addition u/s 28 - at no point of ...

Income Tax

October 3, 2019

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