https://www.taxtmi.com/caselaws?id=373468 The Tribunal upheld the addition under Section 41(1)(a) of the Income Tax Act, 1961, as the assessee failed to prove the existence of the liability at the relevant year-end despite it being reflected in the accounts. The rejection of accounts did not support the assessee's case, and the burden of proof regarding the liability rested on the assessee, who failed to provide adequate evidence. The Tribunal dismissed the appeal, concluding that the liability did not exist, and the addition under Section 41(1)(a) was upheld. en-us Wed, 31 Oct 2018 00:00:00 +0530 Sun, 13 Jan 2019 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373468 The Tribunal upheld the addition under Section 41(1)(a) of the Income Tax Act, 1961, as the assessee failed to prove the existence of the liability at the relevant year-end despite it being reflected in the accounts. The rejection of accounts did not support the assessee's case, and the burden of proof regarding the liability rested on the assessee, who failed to provide adequate evidence. The Tribunal dismissed the appeal, concluding that the liability did not exist, and the addition under Section 41(1)(a) was upheld. Case-Laws Income Tax Wed, 31 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373468