Addition u/s 41(1) deleted as spot enquiry of creditors by Inspector was not proper
October 5, 2025
Income Tax, ITAT
Addition u/s 41(1) deleted as spot enquiry of creditors done by Inspector was not as per procedure laid down In a recent judgment, ITAT Lucknow has deleted addition under section 41(1) of Income Tax Act based on spot enquiry of creditors made by the AO through inspector who …