https://www.taxtmi.com/caselaws?id=342676 The Tribunal allowed the appeal for statistical purposes regarding the assessment time bar issue, directing the case to be restored to the Assessing Officer for further verification. In the matter of the addition of sundry creditors as cessation of liability under section 41(1)(a), the Tribunal directed the case to be sent back to the Assessing Officer for fresh determination after the appellant presented additional evidence. The appellant was granted the opportunity to provide necessary evidence and explanations. The appeal was allowed for statistical purposes in this regard as well. en-us Thu, 20 Apr 2017 00:00:00 +0530 Wed, 10 May 2017 07:23:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342676 The Tribunal allowed the appeal for statistical purposes regarding the assessment time bar issue, directing the case to be restored to the Assessing Officer for further verification. In the matter of the addition of sundry creditors as cessation of liability under section 41(1)(a), the Tribunal directed the case to be sent back to the Assessing Officer for fresh determination after the appellant presented additional evidence. The appellant was granted the opportunity to provide necessary evidence and explanations. The appeal was allowed for statistical purposes in this regard as well. Case-Laws Income Tax Thu, 20 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342676