Court Rules Revenue Must Prove Cessation of Liability u/s 41; No Addition Necessary for Assessee.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Addition u/s 41 - proof of ceasation of liability - the burden of the Revenue to summon such creditors or transporters for establishing that the liability has ceased could not be shifted upon the assessee - no addition - HC....


TaxTMI