Outstanding Creditors Over Three Years Don't Prove Liability Cessation Under Income Tax Act Section 41(1)(a). Additional Evidence Needed.

Outstanding Creditors Over Three Years Don't Prove Liability Cessation Under Income Tax Act Section 41(1)(a). Additional Evidence Needed. https://www.taxtmi.com/highlights?id=12485 Cessation of trading liability U/s 41(1)(a) - Outstanding of creditors even for more than three years cannot be considered as sufficient evidence of cessation of liability automatically - AT en-us Mon, 29 Apr 2013 10:07:36 +0530 Mon, 29 Apr 2013 10:07:36 +0530 TaxTMI RSS Generator Outstanding Creditors Over Three Years Don't Prove Liability Cessation Under Income Tax Act Section 41(1)(a). Additional Evidence Needed. https://www.taxtmi.com/highlights?id=12485 Cessation of trading liability U/s 41(1)(a) - Outstanding of creditors even for more than three years cannot be considered as sufficient evidence of cessation of liability automatically - AT Highlights Income Tax Mon, 29 Apr 2013 10:07:36 +0530 https://www.taxtmi.com/highlights?id=12485