https://www.taxtmi.com/highlights?id=46744 Addition u/s 41(1) - no material has been brought on record to establish that the assessee’s liability with respect to Sundry Creditors ceased to exist, in any manner - the balance amount has been paid in subsequent years - nothing would suggest that there was remission or cessation of liability within the meaning of Sec. 41(1) en-us Fri, 24 May 2019 12:07:01 +0530 Fri, 24 May 2019 12:07:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46744 Addition u/s 41(1) - no material has been brought on record to establish that the assessee’s liability with respect to Sundry Creditors ceased to exist, in any manner - the balance amount has been paid in subsequent years - nothing would suggest that there was remission or cessation of liability within the meaning of Sec. 41(1) Highlights Income Tax Fri, 24 May 2019 12:07:01 +0530 https://www.taxtmi.com/highlights?id=46744