https://www.taxtmi.com/caselaws?id=771815 Tribunal addressed a tax dispute involving potential double taxation under section 41(1)(a) of Income Tax Act. The AO's addition of Rs. 5,51,81,527/- for liabilities written back was found unwarranted, as the amount was already credited to profit and loss account and offered to tax. The Tribunal allowed the appeal, directing deletion of the addition to prevent double taxation of the same income. en-us Thu, 08 May 2025 00:00:00 +0530 Fri, 30 May 2025 09:28:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771815 Tribunal addressed a tax dispute involving potential double taxation under section 41(1)(a) of Income Tax Act. The AO's addition of Rs. 5,51,81,527/- for liabilities written back was found unwarranted, as the amount was already credited to profit and loss account and offered to tax. The Tribunal allowed the appeal, directing deletion of the addition to prevent double taxation of the same income. Case-Laws Income Tax Thu, 08 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771815