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Case Law Details

Case Name : ITO Vs M/s Tinna Finex Ltd. (ITAT Delhi)
Appeal Number : ITA No. 3584/2012
Date of Judgement/Order : 26/06/2015
Related Assessment Year : 2009-10
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Issue before tribunal:

  • Whether AO had rightly invoked provision of section 41 (1) of the Income-tax Act when there is no recovery of any loss/expenditure/trading liability.

Brief facts:

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