t been able to discharge its onus with any supporting document or proof - HELD THAT:- CIT (A) categorically record that said liability exists in books of assessee, and has not been written off unilaterally or by other party, which is evident from confirmation issued by M/s. Hero Motors Co. Ld.Sr.DR has not been able to bring on record any documents to establish that said sum has been treated by assessee either as trading liability, or that there has been remission or cessation of liability in order to attract provisions of section 41 (1) - we are satisfied with view taken by Ld.CIT (A) - Decided against revenue. - ITA No. 2851/Del/2015 Dated:- 29-1-2019 - Smt. Beena A Pillai, Judicial Member And Shri Prashant Maharishi, Accountant Member For the Appellant : Smt. Naina Soin Kapila, Sr. DR For the Respondent : Sh. Nirmal Singh, CA ORDER PER BEENA A PILLAI, JUDICIAL MEMBER Present appeal has been filed by revenue against order dated 24/02/15 passed by Ld. CIT (A)-4, New Delhi on followin

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =