Tag Archives: Section – 41 Income tax act 1961

Section – 41 Income Tax Act 1961 Profits chargeable to tax

By | April 30, 2026

Section – 41 Income Tax Act 1961 Section – 41 Income tax act 1961 Profits chargeable to tax 41. (1) Where an allowance or deduction has been made in the assessment for any year in respect of loss, expenditure or trading liability incurred by the assessee, and subsequently during any previous year the assessee has obtained,… Read More »