https://www.taxtmi.com/caselaws?id=39517 The High Court of BOMBAY ruled against the Income-tax Officer's decision to add a specific amount to the total income of a civil engineering company under section 10(2A) for the assessment year 1956-57. The court held that the mere expiry of the limitation period to enforce a debt does not automatically result in a cessation of liability under section 10(2A). The judgment was in favor of the assessee, with both judges concurring on the decision. No specific order regarding costs was provided. en-us Sat, 30 Nov 1974 00:00:00 +0530 Fri, 16 Apr 2010 18:41:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39517 The High Court of BOMBAY ruled against the Income-tax Officer's decision to add a specific amount to the total income of a civil engineering company under section 10(2A) for the assessment year 1956-57. The court held that the mere expiry of the limitation period to enforce a debt does not automatically result in a cessation of liability under section 10(2A). The judgment was in favor of the assessee, with both judges concurring on the decision. No specific order regarding costs was provided. Case-Laws Income Tax Sat, 30 Nov 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39517