Case Law Details
Case Name : PCIT Vs New World Synthetics Limited (Delhi High Court)
Appeal Number : ITA No. 806/2018
Date of Judgement/Order : 27/08/2024
Related Assessment Year :
Courts :
All High Courts Delhi High Court
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PCIT Vs New World Synthetics Limited (Delhi High Court)
Delhi High Court held that there was no evidence of cessation of liability thus addition under section 41(1) of the Income Tax Act not justifiable. Accordingly, appeal filed by the revenue dismissed.
Facts- Present appeal by the Revenue u/s. 260 A of the In
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