Section 41 Additions Overruled: Liability Transfer to Partner Deemed Valid, Additions Deleted by Court Decision. https://www.taxtmi.com/highlights?id=51160 Addition u/s 41 - Cessation of liability - the liability has not ceased to exist in true sense in the given facts and circumstances as it has shifted to the partner of the firm who was always otherwise liable for such liability in his personal capacity being partner - Additions deleted. en-us Sat, 11 Jan 2020 07:03:49 +0530 Sat, 11 Jan 2020 07:03:49 +0530 TaxTMI RSS Generator Section 41 Additions Overruled: Liability Transfer to Partner Deemed Valid, Additions Deleted by Court Decision. https://www.taxtmi.com/highlights?id=51160 Addition u/s 41 - Cessation of liability - the liability has not ceased to exist in true sense in the given facts and circumstances as it has shifted to the partner of the firm who was always otherwise liable for such liability in his personal capacity being partner - Additions deleted. Highlights Income Tax Sat, 11 Jan 2020 07:03:49 +0530 https://www.taxtmi.com/highlights?id=51160