No Section 41(1) Addition Without Actual Cessation of Liability

Vidya Online Private Limited Vs ITO (ITAT Pune)

No Section 41(1) Addition Without Cessation of Liability; Old Share Application Money Not Taxable u/s 68: ITAT Pune Grants Full Relief

The Pune Bench of the ITAT allowed the assessee-company’s appeal for AY 2012-13, deleting all major additions made by the Assessing Officer and confirmed by the CIT(A), holding that Please become a Premium member. If you are already a Premium member, login here to access the full content.