No Tax u/s 41 on Waiver of loan by Govt : HC
No Tax u/s 41 on Waiver of loan by Govt : HC sec. 41(1) additions can not be made in respect of waiver of loan by Maharashtra Govt HIGH COURT OF BOMBAY Principal Commissioner of Income Tax v. SICOM Ltd. UJJAL BHUYAN AND MILIND N. JADHAV, JJ. IT APPEAL NO. 1692 OF 2017 JANUARY 21, 2020 Sham… Read More »