https://www.taxtmi.com/highlights?id=21378 Deemed income u/s 41 - waiver of loan - respondent did not enter the loan amount in the profit and loss account, before, or after it was written-off - it was not a trade receipt - not taxable u/s 41(1) - HC en-us Sat, 10 Jan 2015 11:33:52 +0530 Sat, 10 Jan 2015 11:33:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=21378 Deemed income u/s 41 - waiver of loan - respondent did not enter the loan amount in the profit and loss account, before, or after it was written-off - it was not a trade receipt - not taxable u/s 41(1) - HC Highlights Income Tax Sat, 10 Jan 2015 11:33:52 +0530 https://www.taxtmi.com/highlights?id=21378