https://www.taxtmi.com/caselaws?id=470188 Addition for cessation of liability cannot be sustained unless the assessment record establishes that the liability had actually ceased in the relevant assessment year. The notes state that the outstanding liability, previously claimed as revenue expenditure, was written off only in a subsequent year and was then disclosed as taxable income. On that basis, deletion of the addition was upheld in favour of the assessee. en-us Tue, 18 Mar 2025 00:00:00 +0530 Sat, 18 Jul 2026 20:46:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470188 Addition for cessation of liability cannot be sustained unless the assessment record establishes that the liability had actually ceased in the relevant assessment year. The notes state that the outstanding liability, previously claimed as revenue expenditure, was written off only in a subsequent year and was then disclosed as taxable income. On that basis, deletion of the addition was upheld in favour of the assessee. Case-Laws Income Tax Tue, 18 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470188