https://www.taxtmi.com/highlights?id=54809 Addition u/s 41(1) - It is evident that obtaining of any benefit by the assessee in the form remission or cessation is sine qua non for invoking section 41(1). If the liability continues to exist, the factum of delay in payment does not ipso facto requires addition u/s. 41(1) - CIT(A) rightly deleted the additions - AT en-us Thu, 17 Sep 2020 18:22:37 +0530 Thu, 17 Sep 2020 18:22:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54809 Addition u/s 41(1) - It is evident that obtaining of any benefit by the assessee in the form remission or cessation is sine qua non for invoking section 41(1). If the liability continues to exist, the factum of delay in payment does not ipso facto requires addition u/s. 41(1) - CIT(A) rightly deleted the additions - AT Highlights Income Tax Thu, 17 Sep 2020 18:22:37 +0530 https://www.taxtmi.com/highlights?id=54809