Advances converted into reserves not cessation of liability u/s 41(1). Pre-conditions / Tests to be applied
August 20, 2017
High Courts, Income Tax, Judgments
Advances converted into reserves not cessation of liability u/s 41(1). Pre-conditions / Tests to be applied for applicability of the deeming provisions as laid by Supreme Court ABCAUS Case Law Citation: ABCAUS 2034 (2017) (08) HC Assessment Year : 2000-01 Important Case Laws Cited/relied upon by the parties: …