https://www.taxtmi.com/caselaws?id=55255 The Tribunal held that the amount of Rs. 1,60,171 written back by the assessee in the assessment year 1988-89 was taxable under Section 41(1) of the Income-tax Act, 1961. The Tribunal disagreed with the CIT(A) and upheld the Assessing Officer's decision, allowing the Revenue's appeal. en-us Wed, 27 Dec 1995 00:00:00 +0530 Wed, 24 Nov 2010 18:46:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55255 The Tribunal held that the amount of Rs. 1,60,171 written back by the assessee in the assessment year 1988-89 was taxable under Section 41(1) of the Income-tax Act, 1961. The Tribunal disagreed with the CIT(A) and upheld the Assessing Officer's decision, allowing the Revenue's appeal. Case-Laws Income Tax Wed, 27 Dec 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55255