#Section 41
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162 articlesIncome Tax
Income Tax
Unclaimed liabilities Assessable As Income Despite No Write-Back on failure to prove genuineness
Income Tax
Income Tax
Liability Paid subsequently cannot be added to the income of the Assessee
Income Tax
Income Tax
No addition u/s 41(1) merely because some liabilities are outstanding at year end
Income Tax
Income Tax
Whether liability outstanding for several years amounts to cessation of liabilities on account of efflux of time?
Income Tax
Income Tax
No addition u/s 41(1) in respect of balance of creditors appearing in books of accounts at the end of relevant year
Income Tax
Income Tax
Section 41(1) applies to Unpaid dues, whose recovery is time barred
Income Tax
Income Tax
No addition U/s. 41(1) If assessee proves identity of creditors
Income Tax
Income Tax
