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A claim of creditor cannot be said to be barred by limitation if acknowledged by the debtor

Commissioner Of Income Tax Del Vs. M/S Banaras House Ltd. (Delhi High Court) - A division bench of the Delhi HC comprising Justice Sanjiv Khanna and Justice Chander Shekhar denied the dis allowance made in case of old creditors under section 40(1) of the Income Tax Act. ...

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A claim of creditor cannot be said to be barred by limitation if acknowledged by the debtor

Commissioner Of Income Tax Del Vs. M/S Banaras House Ltd. (Delhi High Court)

A division bench of the Delhi HC comprising Justice Sanjiv Khanna and Justice Chander Shekhar denied the dis allowance made in case of old creditors under section 40(1) of the Income Tax Act. ...

Read More

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