#Section 41
Log in to FollowLatest Section 41 updates, provisions, case laws, compliance requirements, tax implications and expert analysis under Income-tax law on TaxGuru.
Income Tax
Income Tax
TPO adjustment towards technical know-how fees after accepting entity level margins is unsustainable
Custom Duty
Custom Duty
No conversion of DEEC Shipping Bills of IOCL to Drawback Shipping Bills since barred by limitation
Income Tax
Income Tax
Addition u/s 68 untenable as AO failed to conduct independent investigation
Income Tax
Income Tax
Sec. 41(1) can’t be invoked for liability against purchase of defective machinery that was never put to use
Income Tax
Income Tax
Addition under section 41(1) cannot be made Adhoc or on Estimate’s
Income Tax
Income Tax
Tax on Remission of Trading Liability for Assessee under Presumptive Taxation
Income Tax
Income Tax
Parameters on cessation of liability to be taxed u/s 41(1) of Income Tax Act
Income Tax
Income Tax
Mere difference in Balance Sheet of Assessee & Creditor cannot be treated as cessation of liability
Income Tax
Income Tax
No addition u/s 41(1) in absence of Evidence of Remission or Cessation of Liability
Income Tax
Income Tax
Sundry creditors cannot be treated as bogus on mere personal belief & imagination of AO
Income Tax
Income Tax
Section 41(1) addition not justified for loan creditors
Income Tax
Income Tax
Waiver of loan amounts to cessation of liability other than trading liability
Income Tax
Income Tax
Liability to deduct section 194R TDS on Benefit or Perquisite in Business or Profession
Income Tax
Income Tax
No Section 41 Disallowance if no Cogent Evidence of Cessation of Liability
Explore the latest Section 41 updates on TaxGuru, including relevant Income-tax Act provisions, rules, notifications, circulars, judicial decisions and compliance guidance. The coverage highlights important tax positions, procedural requirements, assessments, deductions, penalties and litigation developments to help taxpayers and professionals understand the practical implications of changes in income-tax law.
