https://www.taxtmi.com/highlights?id=28716 Addition u/s 41 - Deferred sales tax liability being the difference between the payment of net present value against the future liability credited by the assessee under the capital reserve account in its books of account was a capital receipt and could not be termed as remission/cessation of liability - AT en-us Fri, 22 Apr 2016 08:50:37 +0530 Fri, 22 Apr 2016 09:34:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=28716 Addition u/s 41 - Deferred sales tax liability being the difference between the payment of net present value against the future liability credited by the assessee under the capital reserve account in its books of account was a capital receipt and could not be termed as remission/cessation of liability - AT Highlights Income Tax Fri, 22 Apr 2016 08:50:37 +0530 https://www.taxtmi.com/highlights?id=28716