https://www.taxtmi.com/caselaws?id=370200 The ITAT partially allowed the appeal, directing the Assessing Officer to delete the addition of &8377; 2,28,240/- as cessation of liability under section 41(1) of the Income-tax Act, 1961, due to lack of evidence of cessation of liability. Additionally, the ITAT directed a disallowance of &8377; 50,000/- under various heads of expenses, finding the ld. CIT(A)'s basis for disallowance flawed. en-us Tue, 04 Sep 2018 00:00:00 +0530 Tue, 13 Nov 2018 08:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370200 The ITAT partially allowed the appeal, directing the Assessing Officer to delete the addition of &8377; 2,28,240/- as cessation of liability under section 41(1) of the Income-tax Act, 1961, due to lack of evidence of cessation of liability. Additionally, the ITAT directed a disallowance of &8377; 50,000/- under various heads of expenses, finding the ld. CIT(A)'s basis for disallowance flawed. Case-Laws Income Tax Tue, 04 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370200