https://www.taxtmi.com/caselaws?id=279248 The Tribunal upheld the Commissioner of Income Tax (Appeals) decision to delete the addition made by the Assessing Officer under section 41(1) of the Income Tax Act, 1961. It was concluded that there was no remission or cessation of liability of the sundry creditors in the impugned assessment year. Therefore, the department's appeal was dismissed, and the final order was pronounced on 21st June 2017. en-us Wed, 21 Jun 2017 00:00:00 +0530 Sat, 09 Mar 2019 07:01:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279248 The Tribunal upheld the Commissioner of Income Tax (Appeals) decision to delete the addition made by the Assessing Officer under section 41(1) of the Income Tax Act, 1961. It was concluded that there was no remission or cessation of liability of the sundry creditors in the impugned assessment year. Therefore, the department's appeal was dismissed, and the final order was pronounced on 21st June 2017. Case-Laws Income Tax Wed, 21 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279248