https://www.taxtmi.com/caselaws?id=325358 The Commissioner of Income Tax (Appeals) deleted the addition on account of cessation of liability under Section 41(1) of the Income Tax Act, noting that the liabilities were still outstanding and had not been written off in the books of account. However, the Tribunal set aside the issue for re-examination due to lack of evidence from the assessee. Regarding the disallowance of labor charges under Section 40(a)(ia), the Tribunal directed the Assessing Officer to re-examine the issue based on detailed examination of actual figures and nature of payments, emphasizing the need for complete details and bifurcation of labor contract charges. en-us Tue, 15 Mar 2016 00:00:00 +0530 Mon, 08 Aug 2022 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325358 The Commissioner of Income Tax (Appeals) deleted the addition on account of cessation of liability under Section 41(1) of the Income Tax Act, noting that the liabilities were still outstanding and had not been written off in the books of account. However, the Tribunal set aside the issue for re-examination due to lack of evidence from the assessee. Regarding the disallowance of labor charges under Section 40(a)(ia), the Tribunal directed the Assessing Officer to re-examine the issue based on detailed examination of actual figures and nature of payments, emphasizing the need for complete details and bifurcation of labor contract charges. Case-Laws Income Tax Tue, 15 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325358